Bitcoin (BTC) price is expected to rise to $89,000 or hit the lower support at $69,000, according to crypto analyst Matthew Hyland.

据加密分析师马修·海兰德（Matthew Hyland）称，比特币（BTC）的价格预计将上涨至89,000美元，或以69,000美元的价格达到较低的支持。

In a recent video posted to X, previously known as Twitter, Hyland said that if Bitcoin fails to close above $89,000 on the weekly chart, it will likely fall to the $74,000 to $69,000 range.

Hyland在最近发布给X的最新视频中说，如果比特币在每周图表上未能关闭89,000美元以上，则可能会降至74,000美元至69,000美元。

"We’re going to have to get a weekly close above $89,000 for this bottom to hold," Hyland said.

海兰德说：“我们将不得不每周收到一个超过89,000美元的底部才能持有。”

If Bitcoin does move above $89,000, it will liquidate roughly $1.60 billion in short positions, according to data from CoinGlass.

根据Coinglass的数据，如果比特币确实提高了89,000美元以上，它将在短期内清算约1600亿美元。

Bitcoin price chart

比特币价格图

As of Wednesday, March 13, BTC is trading at $83,754. The price is currently above the 200-day simple moving average of $83,754, which may indicate that the bulls are attempting a comeback.

截至3月13日，截至3月13日，BTC的交易价格为83,754美元。该价格目前高于200天简单的移动平均值83,754美元，这可能表明公牛队正在卷土重来。

The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels. However, if the price turns down from the current level, it will signal a continuation of the bear market.

熊未能利用200天SMA以下的下降，这表明出售的销售在较低的水平上干燥。但是，如果价格与当前水平降低，它将标志着熊市的延续。

The crucial support to watch out for is at $73,777, which is expected to be defended fiercely by buyers. A drop below this level may pull the BTC/USDT pair to $67,000.

要注意的至关重要的支持为73,777美元，预计将由买家对此进行辩护。低于此水平的下降可能会将BTC/USDT对提高到67,000美元。

On the other hand, if the buyers manage to drive the price above the 20-day exponential moving average of $86,717, it will signal that the break below the 200-day SMA may have been a bear trap. The BTC/USDT pair could rise to the 50-day SMA of $93,876 and, after that, to the $100,000 psychological barrier.

另一方面，如果买家设法将价格提高到20天的指数移动平均值86,717美元以上，则表明低于200天SMA的中断可能是熊陷阱。 BTC/USDT对可能会升至50天的SMA $ 93,876，此后，达到了100,000美元的心理障碍。