{"id":17089,"date":"2025-03-10T18:16:53","date_gmt":"2025-03-10T18:16:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17089"},"modified":"2025-03-10T18:16:53","modified_gmt":"2025-03-10T18:16:53","slug":"bitcoin-price-analysis-how-low-will-btc-drop-this-week-following-loss-of-80k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17089","title":{"rendered":"Bitcoin Price Analysis: How Low Will BTC Drop This Week Following Loss of $80K"},"content":{"rendered":"
\n

Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers\u2019 last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K.<\/p>\n

Technical Analysis<\/h2>\n

By Shayan<\/a><\/p>\n

The Daily Chart<\/h3>\n

Bitcoin was rejected at the $92K resistance, triggering a strong sell-off that led to a break below the key 200-day MA at $83K and the 0.5 Fibonacci retracement level. This zone was expected to provide strong demand, but bearish pressure overpowered buyers, resulting in long liquidations and a negative shift in market sentiment.<\/p>\n

Currently, Bitcoin is testing the last line of defence from the buyers at the $80K region, which aligns with the ascending channel\u2019s lower boundary and the 0.618 Fibonacci retracement level. If this level fails, another sell-off could drive prices toward $75K, marking a deeper market correction.<\/p>\n

\"btc_price_chart_1003251\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The 4-Hour Chart<\/h3>\n

In the lower timeframe, Bitcoin\u2019s price consolidates between $80K and $92K. A recent rejection at the upper end of this range underscores the market\u2019s hesitation. A clear breakout from this zone is needed to establish a definitive trend.<\/p>\n

Moreover, a liquidity pool exists just below the recent low of $78K, where numerous sell-stop orders have accumulated.<\/p>\n

This pool may serve as an attractive target for smart money, increasing the likelihood of a bearish breakout in the mid-term. Consequently, Bitcoin\u2019s price action in the coming weeks is expected to remain volatile, with further consolidation likely before any decisive move.<\/p>\n

\"btc_price_chart_1003252\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

On-chain Analysis<\/h2>\n

By Shayan<\/a><\/p>\n

Historically, Bitcoin\u2019s interaction with the Realized Price of 3-6 Month UTXOs has played a pivotal role in defining market direction. This metric often serves as a strong support or resistance zone, reflecting the average acquisition price of mid-term holders.<\/p>\n

Currently, Bitcoin is testing the realized price of 3-6 month holders at $83K. Holding above this zone would indicate strong market confidence, reinforcing bullish sentiment and increasing the likelihood of further upside momentum.<\/p>\n

However, if Bitcoin fails to maintain support at this threshold and breaks below, it could trigger a shift in sentiment toward fear. This scenario may lead to a distribution phase, where short to mid-term investors offload their holdings, potentially pushing the price into a deeper correction and providing the opportunity for smart money to accumulate at low prices.<\/p>\n

Thus, Bitcoin\u2019s price action around the $83K level will be critical in shaping its short- to mid-term trajectory. Whether it rebounds or breaks down will likely determine the next major trend in the market.<\/p>\n

\"btc_realized_price_utxo_chart\"<\/a>
Source: CryptoQuant<\/figcaption><\/figure>\n

The post Bitcoin Price Analysis: How Low Will BTC Drop This Week Following Loss of $80K<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers\u2019 last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K resistance, triggering a strong sell-off […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17089","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17089"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17089\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}