Bitcoin Nears Worst Q1 Close Since 2018: Will Bearish Metrics Push BTC Price Below $80K?
Portfolio Pulse from
Bitcoin is on track for its worst Q1 since 2018, with significant liquidations, declining open interest, and a bearish trader sentiment. ETF outflows, particularly from Fidelity's FBTC fund, and selling pressure below $85,000 are contributing to potential downward price movement.
March 29, 2025 | 7:45 pm
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NEGATIVE IMPACT
Bitcoin is experiencing significant selling pressure, with potential to drop below $80,000. ETF outflows and negative trader sentiment suggest continued downward price movement.
Multiple factors indicate potential price decline: 1) Q1 performance worst since 2018, 2) $90M in liquidations, 3) ETF outflows, 4) 62% of traders betting on price decrease, 5) Selling pressure below $85,000
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100