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$BTC Market Analysis 2026.03.19
Let me start with the conclusion: I believe BTC will complete the decline starting from 76000 earliest by next week, or at the latest by the 3.30 weekly candle. The magnitude of this decline will determine which route it follows as shown in the chart.
Since BTC broke through 74000, I have been consistently pouring cold water on the situation, repeatedly reminding everyone that this is only a rebound. After the rebound ends, it will continue to decline. Even if the rebound level expands, the first rebound segment has already entered its final stage, followed by a decline of the same level.
The most important thing when formulating trading strategies is to find commonalities. As shown in the chart, assuming 76000 as the phase high point, then regardless of whether it's a new decline or a pullback, the commonality of the red and blue routes is that they must first drop a wave. The only difference is the magnitude of the decline. So after finding an entry point for shorting, isn't it just a matter of earning more or less?
Do you brothers think BTC will break below 60000 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
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