{"id":78020,"date":"2026-03-27T11:33:15","date_gmt":"2026-03-27T11:33:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78020"},"modified":"2026-03-27T11:33:15","modified_gmt":"2026-03-27T11:33:15","slug":"btc-price-plunges-to-3-week-low-as-analysts-map-out-next-downside-targets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78020","title":{"rendered":"BTC Price Plunges to 3-Week Low as Analysts Map Out Next Downside Targets"},"content":{"rendered":"
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The first breakdown to under $68,000 seemed as just the beginning for bitcoin\u2019s Friday correction, which just worsened with another dip to a fresh 3-week low.<\/p>\n

Most altcoins have followed suit, which has harmed over-leveraged traders, with more than 120,000 such participants being wrecked in the past day.<\/p>\n

BTC Drops Again<\/h2>\n

It was less than 48 hours ago when the primary cryptocurrency tapped a multi-day peak at $72,000. However, the quickly escalating tension in the Middle East continues to take its toll on the market, and BTC dipped to $67,500 earlier today. This coincided<\/a> with the Royal Government of Bhutan transferring more BTC, perhaps to sell, and reports claiming that the US is considering sending up to 10,000 troops to Iran.<\/p>\n

The landscape worsened in the following hours, as bitcoin just dipped to its lowest position in almost three weeks at just over $66,000. Micha\u00ebl van de Poppe was quick to pick up the move, indicating<\/a> that it\u2019s Friday and he wouldn\u2019t be \u201csurprised to see a deeper correction happening into months\u2019 end on BTC.\u201d<\/p>\n

Recall that a massive $15 billion option expiry event will take place<\/a> today, as it\u2019s the end of the month and the first quarter of the year.<\/p>\n

Van de Poppe said he expects a potential sweep of the current range\u2019s lows, and he remains interested in buying in the lower $60,000 regions.<\/p>\n

Fellow analyst Merlijn The Trader said the second flag is breaking down after BTC lost the $69,000 support. He believes BTC could dump to as low as $47,500 if it fails to reclaim that crucial line soon.<\/p>\n

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THE SECOND FLAG IS BREAKING NOW.<\/p>\n

Bitcoin printed a bear flag. Dumped to $65.500. Consolidated. Printed another one.<\/p>\n

Support lost again at $69K.<\/p>\n

Reclaim it fast: pattern fails.
\nStay below: measured move targets $47.500.<\/p>\n

Most people will understand this too late. pic.twitter.com\/pRPF3jY8wd<\/a><\/p>\n

\u2014 Merlijn The Trader (@MerlijnTrader) March 27, 2026<\/a><\/p>\n<\/blockquote>\n