NanoMeter Bitcoin USD Price & Performance (NMBTCUSD)

On March 20, 2025, the WisdomTree Bitcoin ETF recorded no daily flows, highlighting reduced investor interest. Bitcoin's technical indicators, such as a neutral RSI of 55 and a bullish 50-day moving average above the 200-day average, suggest mixed market sentiment. Trading volumes also declined across major exchanges, reflecting cautious activity.12

Bitcoin surged to nearly $87,500 on March 20, 2025, as President Trump reiterated his ambition to make the U.S. a 'Bitcoin superpower.' The announcement, coupled with the Federal Reserve's steady interest rate policy, fueled optimism in the crypto market, enabling Bitcoin to reclaim key moving average supports.34

Bitcoin's price is trading within a bearish continuation pattern, with key support at $82,000 under pressure. Analysts warn of a potential drop to $68,400 if the bear flag breaks down. Weak demand and ETF outflows are exacerbating concerns, as technical indicators signal further downside risks for the cryptocurrency.56