Barter USD Price & Performance (BRTRUSD)

Bitcoin's price climbed 4% to surpass $81,000 on March 11 following a sharp sell-off in U.S. stocks. Market volatility remains high with a potential short squeeze looming, as the VIX volatility index signals extreme fear. Analysts suggest Bitcoin's recovery may face challenges due to broader economic concerns.1

Bitcoin's apparent demand has plummeted, with ETF outflows exceeding $1.5 billion in two weeks. This decline, alongside bearish valuation metrics, has raised concerns of further price drops. Analysts warn that Bitcoin could test support levels near $68,400 if the current bear flag pattern breaks down.2

The crypto market remains volatile as President Trump's tariffs and crypto reserve announcement create uncertainty. Bitcoin's price fell to $78,000 following tariff news but rebounded slightly after the reserve announcement. Traders are cautious, awaiting further clarity from Trump's upcoming crypto summit.3