Bitcoin 
$83,739 is projected to experience a significant value drop by the end of March. Tom Lee, the Head of Research at Fundstrat Global Advisors, emphasized that Bitcoin could decline by 34% due to market fluctuations. Based on technical indicators from analyst Mark Newton, Bitcoin is expected to fall to around $62,000 by the end of March, although long-term expectations remain positive.
Key Data in Bitcoin Technical Analysis
Lee’s analyses suggest that Bitcoin may enter a period of substantial volatility in the near future. Technical analyst Mark Newton indicates that the digital asset could test critical support levels. While a decrease of about 34% is anticipated, this is attributed to the impact of market fluctuations.
Considering current price movements, Bitcoin seems likely to decline to the psychologically significant level of $62,000. However, according to Tom Lee, the long-term outlook for Bitcoin remains strong, as its market position is solid and the rate of adoption is increasing. creator solana token
Critical Warnings for Bitcoin Holders
