The BTC rally from 60,000 has continued for 38 days. If this is a rebound against the 97,900-60,000 (blue section in chart) decline, it must end the rebound this week and begin accelerating downward. The next Gann time low point is at the end of March/beginning of April. There is not much time left for the decline.
If the following situations occur this week, we will gradually increase the probability of the rebound level expanding to become a rebound against the 126,000-60,000 decline (red section in chart): 1. Break above 75,600 with 4-hour and daily K-line closures above it 2. Contact with the 80,766 endpoint of the first wave of decline 3. Weekly line closing above 80,000 this week
Before the above three situations appear, we will tentatively not assume the rebound level is expanding.
Regardless of whether the rebound level expands or not, we will likely see a low point below 60,000 appear after the rebound ends.#加密市场上涨 $BTC $ETH
$BTC Market Analysis 2026.03.16
The BTC rally from 60,000 has continued for 38 days. If this is a rebound against the 97,900-60,000 (blue section in chart) decline, it must end the rebound this week and begin accelerating downward. The next Gann time low point is at the end of March/beginning of April. There is not much time left for the decline.
If the following situations occur this week, we will gradually increase the probability of the rebound level expanding to become a rebound against the 126,000-60,000 decline (red section in chart):
1. Break above 75,600 with 4-hour and daily K-line closures above it
2. Contact with the 80,766 endpoint of the first wave of decline
3. Weekly line closing above 80,000 this week
Before the above three situations appear, we will tentatively not assume the rebound level is expanding.
Regardless of whether the rebound level expands or not, we will likely see a low point below 60,000 appear after the rebound ends.#加密市场上涨 $BTC $ETH