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BTC analysis – the current structure is bullish, the price goes to $ 50,000

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

BTC has confirmed a rising low and continues to move sideways in the short term. This move should be a harbinger continuing growing trend. Meanwhile, dominance is still experiencing a slump that will persist for some time. This will be confirmed even if BTC continues to grow and alts will follow him.

In the short term the price goes to $ 51,000 and remains bullish. The current sideway structure records much higher bullish volumes compared to bearish volumes. In addition, it’s just a matter of testing the previous triangular structure, which it also means bullish signal. Now all you have to do is wait for the last maximum of $ 48,000 to break.

BItcoin is heading for $ 51,000BTC is heading for $ 51,000. Source: TradingView

BTC is heading for $ 51,000

Despite the fact that in the short term there are volumes bullish, so their values ​​are still low in the long run. The current trend after reaching the target can therefore be observed natural correction. In addition, we cannot yet speak of an indication of a breach of more than an annual structure.

In the long run, BTC continues the sideway between $ 29,000 and $ 69,000. Regardless of the current growth pattern, this should be the final flat leg under this long-term movement. Only time will tell if this will really happen. However, once BTC goes out of this structure, it will be a super bullish signal.

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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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