Technical analysis by Kmissok about Symbol BTC on 3/31/2025

Recently, the market's bets on interest rate cuts have increased, and the expectation of loose liquidity has prompted funds to flow into risky assets. Bitcoin undergoes a block reward halving every four years, which leads to a reduction in mining output and exacerbates its scarcity. The proportion of long-term holders has risen, the circulating supply has decreased, and the inventory on exchanges has been continuously declining, weakening the selling pressure. These changes in the supply-demand relationship provide support for the price of Bitcoin.After a significant decline, BTC is currently testing the level of $82,000 in the short term. It is recommended to consider making a purchase.buy:81500-82000sell:84500-85000Trading：active