The post 5 things to know in Bitcoin this week: PCE week and Trump tariffs appeared on BitcoinEthereumNews.com.

Bitcoin enters the last full business week of March 2025, with traders and analysts closely watching how economic data releases like the US Personal Consumption Expenditures and policy developments will affect the crypto market. The largest crypto by market cap has surged past $87,000, but market participants are divided on its next move.  According to Coingecko, in the trading hours leading up to Monday’s US market opening, Bitcoin was changing hands at $87,500, an uptick of 3.4% in the last 24 hours and a weekly gain of 5.3%.  BITCOIN – No need for any bias. Here’s a reminder of my simple analysis and outlook. pic.twitter.com/APZY3f7eX7 — Northstar (@NorthstarCharts) March 24, 2025 Some analysts still see a downward price correction in the coming days to levels below $80,000, but others, like BitMEX co-founder Arthur Hayes, predict the coin will draw a path beyond its all-time high value and reach $110,000. “My analysis is flashing a warning, correction is still underway, and a dip could be coming,” posted crypto trading expert IamCryptoWolf on X. Bitcoin’s short-term holder losses Bitcoin continues to trade within a consolidating wedge structure, with a harmonic pattern emerging on the four-hour charts. A potential third drive in the 3-Drive harmonic pattern is expected to complete near the 100% Fibonacci extension, which places Bitcoin’s price target in the $89,000–$91,000 range.  Bitcoin chart showing a consolidating wedge formation. Source: TradingView Traders selling around this level are considered to be in a strong position, while the setup would be invalidated if Bitcoin rose above the $95,000–$96,000 zone. The market’s volatile movements are pushing the hand of short-term Bitcoin holders to take more selling positions. Data from Glassnode shows unrealized losses mounting, with many short-term holder coins now underwater.  #BTC‘s Short-Term Holders are under increasing pressure. Unrealized losses have surged, pushing many…

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Filed under: News - @ March 24, 2025 3:24 pm