Analysts from the cryptocurrency analytics company CryptoQuant believe that selling pressure on the Bitcoin price may continue. Continue Reading: Expert AnalystAnalysts from the cryptocurrency analytics company CryptoQuant believe that selling pressure on the Bitcoin price may continue. Continue Reading: Expert Analyst

Expert Analyst: “Bitcoin’s Key Resistance Level Is $72,500; Selling Pressure May Persist”

2026/03/29 22:46
2 min read
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A noteworthy analysis regarding Bitcoin’s price outlook in the cryptocurrency market has been shared. According to analysts, Bitcoin is facing strong resistance at the $72,500 level, and the likelihood of continued selling pressure in the coming months is high.

Darkfost, an analyst at the crypto analysis platform CryptoQuant, stated that Bitcoin has not yet crossed a significant threshold when considering its long-term supply dynamics. According to the analyst, excluding the supply that has been dormant for over 7 years and any lost Bitcoins more accurately reflects the actual circulating supply in the market. Following this correction, Bitcoin’s current price is estimated to be around $72,500, a level currently acting as strong resistance.

Related News: Jordi Visser, a 30-Year Veteran Analyst: “Bitcoin Will Set a New Record This Year, But the Situation Is Different for Altcoins”

Darkfost noted that Bitcoin has been trading below this level for about two months, pointing to similar behavior in past bear markets. According to them, in previous cycles, BTC remained below this cost floor for 6 to 10 months and struggled to regain that level.

The analysis argued that if historical trends repeat themselves, Bitcoin could remain under pressure in the coming period, and the price could continue to consolidate below the $72,500 level.

*This is not investment advice.

Continue Reading: Expert Analyst: “Bitcoin’s Key Resistance Level Is $72,500; Selling Pressure May Persist”

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