- Markus Thielen from Matrixport highlighted Bitcoin’s bullish sentiment amid evolving market conditions.
- Market data shows easing selling pressure and low funding rates.
- Expert insights suggest improved—but cautious—market optimism.
Bitcoin saw a potential breakthrough in its ongoing downtrend as reported on March 24, 2025, by Markus Thielen, Head of Research at Matrixport. The analysis revealed Bitcoin’s positive momentum driven by improved market conditions.
The analysis’s relevance stems from easing selling pressure and attempts to break a persistent downtrend, though all-time highs aren’t immediately expected.
Bitcoin Nears Downtrend Break Amid Market Changes
Matrixport’s analysis revealed that Bitcoin is striving to surpass its downtrend, supported by a slightly dovish Federal Reserve attitude and new U.S. tariff directions. Markus Thielen stated, “Bitcoin is currently trying to break through the downward trend, benefiting from the Fed’s slightly dovish attitude and Trump’s hint of a more targeted tariff strategy. These changes provide a more constructive environment for the market.” These factors have shaped a more supportive market environment, as funds’ selling pressure diminishes approaching quarter’s end, and funding rates stay low. Although Bitcoin immediately reaching new peaks remains unlikely, an improved outlook suggests optimism.
Expert analysis within the Matrixport report notes a better market sentiment despite the absence of strong price catalysts. Thielen commented on the economic climate’s constructiveness, indicating optimism, albeit cautiously.
Bitcoin’s Market Data Highlights Growing Optimism
Did you know?
In March 2025, Bitcoin’s market conditions improved notably, benefiting from a dovish Federal Reserve stance and easing quarter-end pressures, echoing past rebounds seen during similar economic scenarios.
Bitcoin is priced at $86,980.74, with a market cap of $1.73 trillion, as per CoinMarketCap. Dominating 60.69% of the market, Bitcoin observed a 3.21% rise over 24 hours, backed by a trading volume surge of 112.35%. With a max supply of 21 million, current circulation stands at 19.84 million.
Expert analysis emphasizes Bitcoin’s gradual market recovery linked to negotiated tariff strategies and easing fund pressures. Technological and regulatory advances could further strengthen economic prospects, though the path remains uncertain without more significant catalysts. According to Markus Thielen, “While the current catalysts may not push Bitcoin to new all-time highs, the market outlook has significantly improved” (Matrixport Daily Chart Analysis).
Technological and regulatory advances could further strengthen economic prospects, though the path remains uncertain without more significant catalysts. According to Markus Thielen, “While the current catalysts may not push Bitcoin to new all-time highs, the market outlook has significantly improved” (Matrixport Daily Chart Analysis).
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