In a recent Telegram post, RektProof, a prominent crypto trader, shared his analysis on Bitcoin's price trajectory. He highlighted a potential key demand zone that could propel BTC to $91K—a level last observed two weeks ago.
As of March 22, 2025, Bitcoin trades between $84K and $85K, up 0.22% daily, while Ethereum nears the $2,000 psychological mark with a 1.14% gain.
Bitcoin Price Could Hit $91K—Here’s the Crypto Trader’s Thesis
RektProof’s Telegram analysis identifies a daily demand zone between $84K and $81.1K. Within this range, he notes a critical 4-hour demand zone ($84.3K–$83.1K) that may act as a springboard for upward momentum.
Key Price Targets
- $87,500: A 3.74% bounce from the demand zone’s lower boundary.
- $91,279: The high-volume node from early March.
- $95K: Next resistance if bullish trends persist, per RektProof’s earlier post.
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Liquidity and Market Sentiment
- Dip Potential: CoinGlass data reveals $1M liquidity near $83.1K, possibly triggering a brief dip before recovery.
- Liquidity Pools: Dense clusters between $84K–$85K align with RektProof’s outlined zones, with secondary levels at $86.8K, $88K, and $90K.
Long-Term Holders at Breakeven
The 365-day MVRV ratio has hit zero, signaling breakeven for investors who bought BTC over the past year. Historically (e.g., August 2024), this preceded a 50%+ rally within months—hinting at a bullish breakout.
FAQ Section
Q: What’s RektProof’s $91K prediction based on?
A: A confirmed 4-hour demand zone ($84.3K–$83.1K) could catalyze the rally.
Q: What are Bitcoin’s upside targets?
A: $87,500, $91,279, and $95K if bullish momentum holds.
Q: Why is the MVRV ratio significant?
A: A zero 365-day MVRV suggests long-term holders are at breakeven, often preceding major price surges.
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Analyst Note: While technicals suggest optimism, always pair insights with fundamental analysis and risk management strategies.
Disclaimer: This content reflects market conditions and the author’s perspective. Cryptocurrency investments carry risks—conduct independent research before deciding.