No way the recent Bitcoin low of approx $78K holds. Charts suggest lower targets

[HumbleMarketTimer]

I believe in the upcoming days or weeks we'll hit  buyable/ bounceable bottom for Bitcoin. Just have to be patient. I outline in the video below the levels I think it will hit. However, I do think it will head back to highs by year end.

[0t3p0t]

Based on my speculation from previousweeks or months it hits on that fibonacci 618 level and there is a high possibility that it will go down to that area. Though I know my analysis may not always accurate but I am still sticking to that as a trial and error.

[gunhell16]

actually for now, maybe others are sad because what they expected is not happening because obviously right now we are in a bearish movement and there is no positive news so it seems like the sea is just calm and the current is just right.

So it's a bit like we are feeling the market's movement, because if we look at the price of Dxy, it is rising, yes, the price of bitcoin is also falling a bit,
but at the end of the day it is still unpredictable, so the only good way is to stay put while the situation is like this.

[Stompix]

Based on my speculation from previousweeks or months it hits on that fibonacci 618 level and there is a high possibility that it will go down to that area.

Is your Fibonacci analysis also taking into account that on April 2nd the world trade might see the start of the largest tariff war on $920 billion of goods?
Or an extra $150 for every single person in this world, from 90yo to 2 yo?

If the moron goes on with this prepare to talk and pray about 68k holding.

[Vx1]

Based on my speculation from previousweeks or months it hits on that fibonacci 618 level and there is a high possibility that it will go down to that area. Though I know my analysis may not always accurate but I am still sticking to that as a trial and error.

As a Bitcoin trader we must be ready at all times with the very high fluctuating Bitcoin price changes, we must provide USDT to buy it when the price drops no matter how much. I personally find it difficult to predict the price of Bitcoin with certainty, whether it will go up this week or vice versa will go down. And as a BTC trader I always think positively, even though the price is going down but I am optimistic that one day the price will definitely go up.

[Fivestar4everMVP]

I believe in the upcoming days or weeks we'll hit  buyable/ bounceable bottom for Bitcoin. Just have to be patient. I outline in the video below the levels I think it will hit. However, I do think it will head back to highs by year end.

Well, ordinarily I would have argued that the price of Bitcoin may likely not go any lower than it have gone before after the last all time high in the early days of this year, but then, the market can be very unpredictable most of the time, so I've come to believe nothing is impossible to happen, and what is most important is we ourselves always being ready for what ever comes.

So, if in the near future, the price of bitcoin will drop down below the price is previously dropped to, then I guess we can anticipate for it and get ready to buy more of the coins as well as Altcoins with good potentials as well, because I believe there is no way bitcoin will drop that much it won't affect the Altcoin market as well, we should braze our selves to seize this opportunity to increase our portfolio just incase this prediction ended up being accurate.

[NotATether]

$78,000 is never going to hold, you're right. But I wonder why are you focusing on the lows of the price specifically, or this particular low. Just forget about them and let the markets run their natural course. It will be easier on your mind.

[omori]

$78,000 is never going to hold, you're right. But I wonder why are you focusing on the lows of the price specifically, or this particular low. Just forget about them and let the markets run their natural course. It will be easier on your mind.

Agreed.

Eventually, BTC will rebounce, and that is all that we should be thinking about when we look at the charts (especially if we hodl in spot).

[Stompix]

$78,000 is never going to hold, you're right. But I wonder why are you focusing on the lows of the price specifically, or this particular low.

Because of that, the average low for March, $78,784.
It's not the all-time low for the month, which is 76k, but the 78 is used by some graphs because of exchange averages.

So, the focus would be not going below what we have been before.
Anyhow, useless metric.

[bitterguy28]

Based on my speculation from previousweeks or months it hits on that fibonacci 618 level and there is a high possibility that it will go down to that area. Though I know my analysis may not always accurate but I am still sticking to that as a trial and error.

As a Bitcoin trader we must be ready at all times with the very high fluctuating Bitcoin price changes, we must provide USDT to buy it when the price drops no matter how much. I personally find it difficult to predict the price of Bitcoin with certainty, whether it will go up this week or vice versa will go down. And as a BTC trader I always think positively, even though the price is going down but I am optimistic that one day the price will definitely go up.

the best we can do is speculate and take action when the opportunity arises we have different targets so for some people they think previous prices were already the lowest or at least low enough for them to gain entry to the marker

they shouldn’t feel regret anymore since what’s done is done they can still however buy more if they could if the price ends up going down again like many predict

[Bobcrypto]

I believe in the upcoming days or weeks we'll hit  buyable/ bounceable bottom for Bitcoin. Just have to be patient. I outline in the video below the levels I think it will hit. However, I do think it will head back to highs by year end.

Yeah, $78 remains the Btc strong support in my opinion but  most likely, a move up to $95k to $100k before hitting the supports level can't be ruled out. There are also indication from different analysis from crypto experts about some huge accumulation current going on by big market makers, while short term holders are selling due to fear.
I think the market still on a side ways movements and may turn bullish on the short term. I may be wrong.

[TomPluz]

Just forget about them and let the markets run their natural course. It will be easier on your mind.

Yes, of course, there is nothing we can do to make the market go up and even if one can be whale there is a limit on how one can use his/her influence to affect the kind of reaction from the market. For me, I will just be watching and for some this can be a good opportunity to see what can be the best point of entry to buy more Bitcoin. I think that we are really in the doldrum right now, waiting for some developments that can be impetus to further go down or make a dramatic rebound.

[Lucius]

People are always waiting for an opportunity to buy at a lower price and there is nothing strange about that, but if it really happens that the price slips very low compared to the last ATH, many might wonder if this bull run is over?  I say this because the opportunity (to buy cheap) could turn into a problem if the price doesn't recover for a long time, maybe even until after the next halving.

What we didn't have before and now is a reality is a bunch of BTC bought by ETFs, we're talking about hundreds of thousands of BTC which, if liquidated, could crash the price by at least 30% in a very short period of time.

There is an old saying that says "Be careful what you wish for, because it might come true."

[Aanuoluwatofunmi]

Sometimes we may not have to choose in going by all we have seen on the social media online, because not all are true, instead we can also intensify more further, on knowing the actual conditions that may applies to any of the circumstances that warrant for a particular market performance, the more we also encourage that everyone should do his or her own research and bring out on something quality for himself at the cause of the market speculations and not all about what we hear on the social media.

[yhiaali3]

However, I do think it will head back to highs by year end.

Will it return to its high levels by the end of the year?!!! There's a long time until the end of the year, and it's difficult to make long-term forecasts over these long months because conditions are volatile. Consequently, major news may emerge that could change the entire trend.

In any case, a rise was expected at the beginning of the year, a decline in the price at the end of the year, and perhaps the end of the cycle, contrary to your expectations.