Bitcoin has begun a downward trend from March 24th that could last 49 days, with a projected low near $75,000. This area may offer a strong entry point for swing traders aiming for the next leg up. If support holds, BTC could rally over the following 149 days toward a profit target of $154,000 — a potential 100%+ gain. Traders considering this move should watch for signs of reversal near $75K and manage risk with a stop loss just below $70,000 to protect against deeper downside.
It be Me
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It be Me
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.