Bitcoin decreased to 72 thousand dollars possible due to “total liquidity” conditions – analyst

After a positive start for the week, Bitcoin price has returned to negative returns after BTC (BTC3.5 % decreased to the lowest level during the day 84,120 dollars on March 28. The price rejection occurred at the doorstep of the (black) descending trend line and the upper range of the up -to -up canal style.

On the daily chart, BTC is currently less than 200 days moving average (EMA) again, and a possible closure of less than the main indicator may lead to more from the negative side.

The expansion of global liquidity can help bitcoin price

Modern analysis of capital flows analysts in the macroeconomic market Duplicate By that Bitcoin can be corrected to an area between 72000 to 75,000 dollars if liquidity conditions remain unchanged.

Total liquidity indicates the total capital available in the financial system, which can easily flow into risk assets such as stocks and encryption, but is affected by factors such as interest rates, American federal reserve policies and market conditions.

According to capital flows, Bitcoin shows a “greater rapprochement” with the origins of traditional risks, but remains in the vicinity of the risk curve. This means that for the Capital again to BTC, the investor mentality should turn from focusing on the less dangerous assets, such as bonds, to the most dangerous assets such as BTC or low -quality banks in the Russssell index. The researcher said,

“On the current time, the background of the total liquidity is neutral. The rates have decreased marginally, but the pregnancy trade continues to create risks of assets.”

On the contrary, other analysts have indicated that the global M2 money width may lead to BTC gathering. The global liquidity scheme, which monitors the M2 growth from the main central banks, has historically formed the bitcoin price movements.

Colin Talks Crypto, Suspery hanging, He said The predictive relationship between M2 and BTC supplies indicates a two -month BTC gathering, which may last for two months.

However, the main difference between total liquidity and global M2 growth is that although the M2 measures the total cash supply, total liquidity highlights the ease with which capital can flow to the origins of risk. For the context, even if the M2 cash width rises, the total liquidity may remain the same if the funds are allocated to low -risk assets. In light of this, he said capital flows,

“The amount of money in the system does not expand as it was.”

Related: Why did Bitcoin decrease today?

Bitcoin fills the 85K CME sub -gap

The last Bitcoin career invented the CME gap between 84,435 dollars and $ 85,000. The future CME Bitcoin gap indicates the difference between the closing price of the BTC CME FUTERES contracts on Friday and the opening price on Sunday evening. Gaps are filled most of the time, and traders approach these levels of resistance or support point, depending on the market structure.

As shown in the scheme, the BTC price filled the CME gap before its daily closure on March 28, which may lead to a short -term bounce. The CME gap is also aligned with a re -test of the bottom of the continuous rising canal style, as mentioned earlier.

However, the HTL-NL encryption dealer Duplicate Outside the possibility of a long -term correction below, which constitutes its lowest level in 2025. The trader showed immediate support at $ 76,700, which may be a simple re -test area before prices drop to less than 74,000 dollars.

Likewise, Crypto Chase, a technical analyst, male It is a position “do or die” for bitcoin. In the X Publication, the trader said,

“Either this fVG / 2 weeks high at 8527,0 or failure, and I will search for an acronym to re -test the targeting near 80K.”

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.