Let me start with the conclusion: I believe BTC will complete the decline starting from 76,000 as early as next week, or at the latest by the weekly K-line on 3.30. The magnitude of this decline will determine which route it follows as shown in the chart.
Since BTC broke through 74,000, I've been continuously pouring cold water on the situation, repeatedly reminding everyone that this is merely a rebound. After the rebound ends, it will continue to decline. Even if the rebound level expands, the first phase rebound has already entered its final stages, followed by a decline of the same level.
When formulating trading strategies, the most important thing is to find commonalities. As shown in the chart, assuming 76,000 as the phase high, then regardless of whether it's a new decline or a pullback, the commonality of the red and blue routes is that both must decline first. The only difference is in the magnitude of the decline. So isn't the entry point for shorting after that simply a matter of earning more or less?
Brothers, do you think BTC will break below 60,000 by the end of March? Or is it just a pullback, with another surge in April? #Gate13周年全球庆典 $BTC $ETH
$BTC Market Analysis 2026.03.19
Let me start with the conclusion: I believe BTC will complete the decline starting from 76,000 as early as next week, or at the latest by the weekly K-line on 3.30. The magnitude of this decline will determine which route it follows as shown in the chart.
Since BTC broke through 74,000, I've been continuously pouring cold water on the situation, repeatedly reminding everyone that this is merely a rebound. After the rebound ends, it will continue to decline. Even if the rebound level expands, the first phase rebound has already entered its final stages, followed by a decline of the same level.
When formulating trading strategies, the most important thing is to find commonalities. As shown in the chart, assuming 76,000 as the phase high, then regardless of whether it's a new decline or a pullback, the commonality of the red and blue routes is that both must decline first. The only difference is in the magnitude of the decline. So isn't the entry point for shorting after that simply a matter of earning more or less?
Brothers, do you think BTC will break below 60,000 by the end of March? Or is it just a pullback, with another surge in April? #Gate13周年全球庆典 $BTC $ETH