Bitcoin price for collapse and apostasy after the eclipse

Bitcoin price remains in a technical correction, and the constant correction can continue for a few weeks.

Bitcoin (BTCIts bottom is $ 82,177 this week, as it briefly moved to the bear market. I have since crawled to 86,200 dollars after the strong NVIDIA profits results.

Anonymous encryption analyst uses astrology concepts Propagate It will continue that Bitcoin and other altcoins collapse until March 13. It claims that the period between February 25 and March 13 is often risky in encrypted currencies and stocks.

In this case, his argument is that bitcoin in the so -called bell communication, which is associated with large contractions and corrections. This period is often associated with conservative strategies, such as safe infiltration assets.

The analyst predicts that the continuous decrease in bitcoin will continue until 13 or 14 March, when the lunar eclipse occurs. In astrology, a major event such as the lunar eclipse is often associated with emotional and sub -transformations.

There are basic and technical factors that support hippos. Basically, Bitcoin’s investment funds continued to see strong output flows, a sign that American investors reside on the margin. Sosovalue Data shows that all investment funds circulated in Bitcoin have witnessed external flows during the past seven days.

Moreover, there are signs that Donald Trump will move forward in his definitions, which may lead to more fluctuations in the market. For example, the Bitcoin price was shattered earlier this month when it unveiled the customs tariff on Mexican and Canadian goods.

Bitcoin prices indicate a breakdown

The BTC price has also been many artistic patterns that may indicate more negative aspect in the near -term. It formed a pattern of three dark western candlesticks, characterized by three consecutive dumping candles. As such, the current recovery may be a dead cat or a bull trap. The bull trap occurs when one of the assets rises in the declining direction temporarily before resuming its decline.

The Bitcoin price also moves less than the Ichimoku Cloud index and formed a higher style from above, with the neckline at $ 89,107. The distance from the top to the neckline is about 18 %. A 18 % decrease from this level will indicate a decrease in bitcoin to the highest level in March 2024 at $ 73,613.