{"id":22613,"date":"2025-04-01T14:10:20","date_gmt":"2025-04-01T11:10:20","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoins-path-analysts-predict-a-dip-to-76600-before-rebound\/"},"modified":"2025-04-01T14:10:20","modified_gmt":"2025-04-01T11:10:20","slug":"bitcoins-path-analysts-predict-a-dip-to-76600-before-rebound","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoins-path-analysts-predict-a-dip-to-76600-before-rebound\/","title":{"rendered":"Bitcoin&#8217;s Path: Analysts Predict a Dip to $76,600 Before Rebound"},"content":{"rendered":"<p>The price of the leading cryptocurrency may retest lows at $76,600 before resuming its upward trajectory, according to analyst and MN Trading founder Micha\u00ebl van de Poppe.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It seems to be vital that we&#8217;re seeing some more downwards momentum on the markets for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>.<\/p>\n<p>Trend is still lower highs and lower lows.<\/p>\n<p>Test at the lows before reversing back up? <a href=\"https:\/\/t.co\/8ULlJqoGRh\">pic.twitter.com\/8ULlJqoGRh<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1905700417943859530?ref_src=twsrc%5Etfw\">March 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div class=\"wp-block-text-wrappers-update article_update\"><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>On April 1, the specialist noted &#8220;good signs&#8221; due to the rise in Bitcoin&#8217;s price. Van de Poppe expressed expectations of a return to an upward trend following a &#8220;volatile day&#8221; [following U.S. President Donald Trump&#8217;s announcement of new import tariff parameters].<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> climbing upwards, good signs coming in.<\/p>\n<p>Tomorrow will be a volatile day and I suspect that we&#8217;ll rotate into an upwards trend from that point. <a href=\"https:\/\/t.co\/r4R1zJh1Y5\">pic.twitter.com\/r4R1zJh1Y5<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1906976491755237631?ref_src=twsrc%5Etfw\">April 1, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<p>The bearish sentiment is shared by the analyst known as Stockmoney Lizards. The expert pointed out that Bitcoin has &#8220;taken a lot of liquidity.&#8221; In his view, the digital gold&#8217;s price will find a local bottom in the $80,000-82,000 range.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <\/p>\n<p>for the short-term, my scenario is: we are nearing a local bottom between 82-80k. A lot of liquidity has been taken. Major short liquidation levels are > 88k.<\/p>\n<p>Typical weekend dump with next week reversal? At least this is a possible scenario. <a href=\"https:\/\/t.co\/HZSm2Fxn3v\">pic.twitter.com\/HZSm2Fxn3v<\/a><\/p>\n<p>\u2014 Stockmoney Lizards (@StockmoneyL) <a href=\"https:\/\/twitter.com\/StockmoneyL\/status\/1905948953431921093?ref_src=twsrc%5Etfw\">March 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/x.com\/StockmoneyL\/status\/1905948953431921093\">Cointelegraph<\/a> reported the formation of a &#8220;bearish wedge&#8221; pattern, suggesting a drop to $62,000, approximately 25% below the current level.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"655\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image1-617-1024x655.png\" alt=\"image1-617\" class=\"wp-image-255435\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image1-617-1024x655.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image1-617-300x192.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image1-617-768x491.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/image1-617.png 1066w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Cointelegraph.<\/figcaption><\/figure>\n<p>The negative signal is reinforced by the relative strength index, which remains below the midline, and the price settling below the <span data-descr=\"200-day moving average\" class=\"old_tooltip\">200 DMA<\/span>.<\/p>\n<p>Peter Brandt reached a similar conclusion. The technical analyst identified a similar pattern, which, if realized, would lower the price to $65,635.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Don&#8217;t shoot the messenger.<br \/>Just reporting on what the chart says until it says something different<br \/>Bear wedge completed with 2X target from the double top at 65,635 <a href=\"https:\/\/t.co\/yxZis2bKAT\">pic.twitter.com\/yxZis2bKAT<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1905650626266366465?ref_src=twsrc%5Etfw\">March 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div class=\"wp-block-text-wrappers-update article_update\"><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>On-chain researcher and CryptoQuant author Axel Adler Jr. is less pessimistic. He believes that April-May could become a consolidation zone\u2014a calm before the next impulse.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The average selling pressure on top exchanges has dropped from 81K to 29K BTC per day.<\/p>\n<p>Welcome to the zone of asymmetric demand.<\/p>\n<p>The market has successfully absorbed waves of profit-taking following the break above $100K.<br \/>Sellers have dried up, and buyers seem comfortable with\u2026 <a href=\"https:\/\/t.co\/mgzrCacMMq\">pic.twitter.com\/mgzrCacMMq<\/a><\/p>\n<p>\u2014 Axel ?? Adler Jr (@AxelAdlerJr) <a href=\"https:\/\/twitter.com\/AxelAdlerJr\/status\/1906951304804508115?ref_src=twsrc%5Etfw\">April 1, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The market has successfully absorbed waves of profit-taking following the break above $100,000. Sellers have dried up, and buyers are comfortable with the current price level, creating conditions for a structural supply deficit,&#8221; the expert noted.<\/p>\n<\/blockquote>\n<\/div>\n<p>Earlier, a user known as Cyclop <a href=\"https:\/\/u1f987.com\/en\/news\/expert-predicts-bitcoin-to-reach-150000-by-year-end\">forecasted<\/a> Bitcoin&#8217;s rise to $150,000, with a risk of a further 30% pullback.<\/p>\n<p>CryptoQuant highlighted alarming signals for the asset across four indicators. One of the firm&#8217;s verified authors <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-metrics-reveal-alarming-signals\">confirmed<\/a> that MVRV does not yet indicate a bottom has been reached.<\/p>\n<p>Previously, experts surveyed by Bloomberg <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoins-rebound-may-be-a-bull-trap-experts-warn\">suggested<\/a> a &#8220;bull trap&#8221; in the digital gold&#8217;s price rebound.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency may retest lows at $76,600 before resuming its upward trajectory, according to analyst and MN Trading founder Micha\u00ebl van de Poppe.<\/p>\n","protected":false},"author":1,"featured_media":22612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1146,1145,1253],"class_list":["post-22613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptocurrency-market-forecasts","tag-market-analysis","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22613"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22612"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}