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BTC analysis – growth is starting to weaken. Is another correction leg waiting for us?

by Margharet Tess
March 28, 2025
in Analysis
Reading Time: 3 mins read

BTC reaches rising lows in the short term, but the trend weakens and the question arises again whether another correction leg for new support. Dominance of the main cryptocurrency meanwhile still reaches declining lows and highs in the long run. So let’s see where the next support is in the event of a potential downturn.

BTC Although he created a growing leg in the short term, he was not supported volumes. This leg is probably part of the correction structure that is current from ATH. The nearest level resistance is located approximately at $ 54,500. However, the current growth is already losing momentum and it is questionable whether we will get to this resistance at all.

BTC / USD 4HBTC / USD 4H. Source: TradingView

BTC continues to correct

On the other hand, we are watching support at $ 43,000. This is the most bearish scenario I’m watching right now. Either way, we need to track where the next local minimum is created. If it is created higher or at the same level as the last one, it is likely to be created sideway structure.

Such a sideway structure could predict the cessation of the correction and a possible purchasing zone. However, it is too early to identify such a pattern. The scenario remains bearish and the correction has not yet been violated.

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Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
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