{"id":78490,"date":"2026-03-31T18:18:18","date_gmt":"2026-03-31T18:18:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78490"},"modified":"2026-03-31T18:18:18","modified_gmt":"2026-03-31T18:18:18","slug":"groundwork-for-potential-bitcoin-recovery-is-forming-say-analysts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78490","title":{"rendered":"Groundwork For Potential Bitcoin Recovery Is Forming, Say Analysts"},"content":{"rendered":"<div>\n<p>Bitcoin remains firmly in the middle of its almost two-month-long sideways channel following weekend declines, during which it dumped below $66,000 briefly.<\/p>\n<p>\u201cMomentum remains tentative, with lower highs still defining the short-term structure,\u201d commented on-chain analytics provider Coinglass on Monday.<\/p>\n<p>The analysts noted that the market appears to be transitioning from \u201cactive distribution towards a more neutral footing,\u201d however, there is still \u201climited conviction\u201d at current levels.<\/p>\n<blockquote>\n<p>\u201cWhile conditions remain fragile, easing sell-side pressure and stabilising flows suggest the groundwork for a potential recovery is forming, though stronger demand is still required to confirm a sustained shift.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> broke back below $70k before finding support near $65k, with a modest rebound back towards $67k into the weekend. Momentum remains tentative, with lower highs still defining the short-term structure.<\/p>\n<p>Read more in this week\u2019s Market Pulse<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/t.co\/2YkGjsdzkQ\">https:\/\/t.co\/2YkGjsdzkQ<\/a> <a href=\"https:\/\/t.co\/7uLOYEYriD\">pic.twitter.com\/7uLOYEYriD<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/2038670811687534985?ref_src=twsrc%5Etfw\">March 30, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Bitcoin Back in Accumulation Zone<\/h2>\n<p>CryptoQuant said on Monday that Bitcoin had dipped back into the accumulation zone.<\/p>\n<blockquote>\n<p>\u201cWhales are increasingly active on the Binance platform, depositing large Bitcoin batches that will potentially be sold,\u201d <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69ca63355b3e5f5175a7d399-Bitcoin-Dips-into-Accumulation-Zone\">noted<\/a> analysts.<\/p>\n<\/blockquote>\n<p>BTC has declined around 4% over the past week, dipping below $66,000 on Saturday and again on Monday. It had recovered marginally to reach $68,000 during early Asian trading on Tuesday morning but appears to have found resistance there.<\/p>\n<p>\u201cThe market is slowly compressing around this $60K to $80K region,\u201d <a href=\"https:\/\/x.com\/DaanCrypto\/status\/2038699037172318512\">observed<\/a> analyst \u2018Daan Crypto Trades\u2019 on Tuesday.<\/p>\n<p>Meanwhile, analyst \u2018Sykodelic\u2019 remained bullish as usual, stating that Bitcoin is currently trading in the \u201clargest pocket of supply it has ever had,\u201d over five years, just underneath the high-time-frame bullish structure.<\/p>\n<p>Back in 2022, this was totally different, he said before <a href=\"https:\/\/x.com\/Sykodelic_\/status\/2038722050102333677\">adding<\/a>:<\/p>\n<blockquote>\n<p>\u201cWe have been seeing signs of large accumulation across the board, with a lot more strength. It\u2019s going to be over much faster than most people are expecting.\u201d<\/p>\n<\/blockquote>\n<h2>Elsewhere on Crypto Markets<\/h2>\n<p>Crypto markets have ticked up a little over the past few hours, but nothing substantial.\u00a0According to the <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2038803905174233105\">latest<\/a> Wall Street Journal article, President Trump is willing to end the Iran War even if the Strait of Hormuz remains closed.<\/p>\n<p>Ethereum prices made a minor move, up from around $2,000 to $2,080, before hitting resistance as the asset remains weak.\u00a0Meanwhile, the altcoins remained mostly flat, with low volumes and further losses for XRP, Hyperliquid, and Canton.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/groundwork-for-potential-bitcoin-recovery-is-forming-say-analysts\/\">Groundwork For Potential Bitcoin Recovery Is Forming, Say Analysts<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin remains firmly in the middle of its almost two-month-long sideways channel following weekend declines, during which it dumped below $66,000 briefly. \u201cMomentum remains tentative, with lower highs still defining the short-term structure,\u201d commented on-chain analytics provider Coinglass on Monday. The analysts noted that the market appears to be transitioning from \u201cactive distribution towards a [&hellip;]<\/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-78490","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\/78490","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=78490"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78490\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}