Bitcoin Struggles Below $85,900 as Weak Network Activity Signals Bearish Pressure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Mar 21 2025Bitcoin's Current Market Struggles: Bitcoin is facing strong resistance at the $85,900 level and remains in a bearish trend, with potential drops to support levels around $76,000 if it fails to break above this barrier.
Declining Network Activity: On-chain data indicates a significant decrease in active Bitcoin addresses, reflecting diminishing network activity and investor sentiment, which could impact future price movements unless there is a resurgence in participation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
