{"id":1746,"date":"2025-03-31T12:59:00","date_gmt":"2025-03-31T11:59:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1746"},"modified":"2025-03-31T12:53:31","modified_gmt":"2025-03-31T11:53:31","slug":"bitcoin-price-plunge-btc-reach-74000-in-days","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-plunge-btc-reach-74000-in-days\/","title":{"rendered":"Bitcoin Price Plunge : Will BTC Reach $74,000 in Just Days ?"},"content":{"rendered":"\n

The End of the Bull Run ?<\/strong><\/h2>\n\n\n\n

With selling pressure intensifying and market sentiment growing more cautious, investors are closely watching Bitcoin<\/a><\/strong>‘s ability to find a stable support level. If sellers remain in control, BTC <\/strong>could potentially face further declines.<\/p>\n\n\n\n

Indeed, after breaking out of the bullish wedge pattern, Bitcoin has extended its bearish momentum,<\/strong> indicating a shift of control from bulls to bears. This breakout from a classic reversal pattern has triggered a wave of selling pressure.<\/strong><\/p>\n\n\n

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\"BTC<\/figure>\n<\/div>\n\n\n

The inability of BTC <\/strong>to regain ground further confirms the negative outlook, with each recovery attempt facing stronger resistance. The formation of multiple red candles indicates sustained bearish pressure,<\/strong> with sellers firmly in control. This pattern suggests that Bitcoin <\/strong>is struggling to find a solid support level, increasing the risk of further declines.<\/strong><\/p>\n\n\n\n

Bitcoin’s <\/a>technical indicators also reinforce the bearish outlook, with a strong sell signal generated by the MACD (Moving Average Convergence Divergence). The MACD line has crossed below the signal line and is now moving away from the zero line, confirming a reversal in bearish momentum. Typically, this crossover suggests that selling pressure has intensified<\/strong> while buyer interest has weakened. BTC has also bounced off the bottom of its red Ichimoku cloud on a daily basis.<\/strong><\/p>\n\n\n\n

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S&P 500 $SPY<\/a> getting distinctly rejected at the 200-day is not bullish. Medium-term downtrend is still fully intact. pic.twitter.com\/gp89aLk6WT<\/a><\/p>— Ross J Brown (@RJB_Financial) March 26, 2025<\/a><\/blockquote>