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Cryptocurrency Market Analysis: Bitcoin Struggles at $90k, Predictions Vary for 2025

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Bitcoin (BTC) is facing challenges in surpassing the $90,000 mark, indicating a lack of buying interest at higher levels. Concerns surrounding US trade tariffs and inflation pressures are causing unease among market participants. Predictions for Bitcoin's price in 2025 vary, with the most bearish target at $59,040 and the most bullish at $138,617 according to Polymarket data. Real Vision's Jamie Coutts remains optimistic about Bitcoin's potential to reach a new all-time high above $109,000 by the end of the second quarter. Monitoring support levels for Bitcoin and major altcoins is crucial for understanding their price movements.

On the SOL/USDT daily chart, there is a noticeable absence of demand from the bulls, with sellers aiming to push the price towards the $120 to $110 support zone. Buyers are anticipated to vigorously defend this zone to prevent a further decline towards $80. The key overhead resistance to observe is the 50-day SMA at $153, and buyers will need to push the price above this level to signal a potential floor at $110, which could lead to a surge to $180.

Dogecoin (DOGE) encountered negative sentiment as it retreated from the 50-day SMA at $0.21 on March 26. The DOGE/USDT daily chart indicates a period of range-bound movement in the near future, with the price potentially oscillating between $0.14 and the 50-day SMA. A breakout above the 50-day SMA could indicate a formation of a higher low by the bulls, potentially resulting in an increase to $0.24 and later to $0.29.

Cardano (ADA) faced difficulties in maintaining levels above the 50-day SMA at $0.75, leading to profit-taking by short-term buyers. The ADA/USDT daily chart suggests a potential decline towards the uptrend line, where buyers are expected to intervene. If the price bounces back from the uptrend line, the bulls may try to push the pair above the 50-day SMA, potentially resulting in a rise to $0.84 and then to $1.02.

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