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Bitcoin Could Pump to $112,000 or Dump to $44,000: Analyst

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Bitcoin Could Pump to $112,000 or Dump to $44,000: Analyst

Key Highlights:

  • Bitcoin Faces Crucial Zone Between $76K Support and $94K Breakout
  • Institutional Inflows Continue as BlackRock Adds 2,045 BTC
  • MVRV Momentum Builds Toward a Bullish Golden Cross Signal

The institutional interest in Bitcoin continues to grow as ETFs attract $165.7 million in inflows and BlackRock recently purchased 2,045 BTC to its portfolio. In contrast, the capital flow data shows that Ethereum (ETH) lost $12.5 million which indicates investors may be shifting their funds toward Bitcoin.

At the time of publication, BTC stands at $83,888 with a minor 0.07% decrease in value during the last 24 hours. Its market capitalization reached $1.66 trillion at the same time as daily trading volume decreased by 43.35% to $21.31 billion.

At the same time, Bitcoin faces an essential decision point in its present state. Glassnode data predicts the token will reach $112,000 if it surpasses the $94,000 threshold. However, a failure to maintain price above $76,000 may initiate more extensive market corrections which could target $58,000 and $44,000 as support levels.

Meanwhile, market indicators point to ongoing bullishness through MVRV momentum and moving averages yet weakening momentum is indicated by declining inflows and future open interest. A blend of mixed market conditions exists alongside ongoing institutional buying, which serves as the main supporting force.

MVRV Momentum Signals Strength, But Market Needs Confirmation

According to an analysis by Ali Charts on MVRV Extreme Deviation Bands, Bitcoin reached $86,873 on March 19, 2025, while its realized price remained at $43,596. The average price stands at $75,913 which represents an essential point for market maintenance. And the current price position above this level would trigger a potential movement to $94,000 with a further extension to $112,000.

bitcoin MVRV
Bitcoin mvrv extreme deviation price bands.  Source: glassnode

At the same time, MVRV momentum shows signs of a historical bull run continuation through its approaching golden cross formation. This means the 180-day moving average is approaching short-term price movements, which typically precede significant upward price movements.

A completed cross between moving averages would serve as confirmation for Bitcoin’s upcoming price increase.

btc mvrv
Bitcoin mvrv momentum.  Source: glassnode

However, a failure to sustain upward momentum would likely lead to a more extensive market correction. BTC’s price will draw attention to $58,000 and $44,000 if it breaks below $76,000, as these areas represent historical support levels.

Bitcoin’s Parabolic Curve and Institutional Demand

Moreover, Bitcoin price trajectory depends heavily on the parabolic curve. According to Titan of Crypto, the monthly chart demonstrates that 9 EMA (Exponential Moving Average) maintains price support at the same level as previous major price surges.

bitcoin price prediction
BTC/USD. Source: X

Additionally, the MACD indicator from June 2021 matched the period when the token reached its new all-time highs.

This increasing institutional interest matches the current market trend. BlackRock made a new purchase of 2,045 BTC which increased its already substantial Bitcoin holdings. Meanwhile, the IBIT inflow data demonstrates ongoing Bitcoin acquisition by major investors while the market experiences volatility.

Bitcoin (BTC)
Global M2($BN), Bitcoin(rhs). Source: X

At the macro level, global M2 money supply continues to expand according to Quinten Francois analysis. During periods of rising money supply, investors tend to buy Bitcoin as a protection against currency devaluation. Hence, the present financial environment shows potential favor for BTC throughout the next few months.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

godfrey mwirigi
Written by
Cryptocurrency Journalist

Godfrey Mwirigi is a cryptocurrency journalist who contributes markets and crypto coverage to The Market Periodical. A Nairobi-based writer, he has reported on digital assets for crypto outlets including MetaNews, where his work has covered Bitcoin ETFs, exchange security incidents and on-chain data. His reporting spans Bitcoin and altcoin analysis, ETF flows and broader blockchain developments.

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About this article

PublishedMarch 22, 2025 6:35 am
Last updatedMarch 22, 2025 5:59 am
Written bygodfrey mwirigi, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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