Bitcoin (available on Coinbase)’s volatility continues to dominate market discussions, with analysts offering diverse forecasts on its next move. This week, Bitcoin (available on Coinbase) price prediction models suggest an upcoming drop followed by a sharp rebound, driven by technical patterns and market forces.
After briefly entering a bear market and bottoming at $82,177, Bitcoin (available on Coinbase) (BTC) has recovered slightly, trading around $86,200 following sTron (available on Binance)g earnings from Nvidia (NASDAQ:NVDA). However, an astrology-based crypto analyst warns that Bitcoin (available on Coinbase)’s decline isn’t over yet and may continue until March 13 or 14, aligning with the upcoming Lunar Eclipse.
Bitcoin (available on Coinbase)’s Lunar Eclipse Crash Theory
A well-known but anonymous crypto analyst has predicted that Bitcoin (available on Coinbase) and aLTCoins will experience further losses in the coming weeks. His analysis is based on astrological cycles, particularly Saturn conjunction, which is historically linked to market contractions and economic slowdowns.
According to his Bitcoin (available on Coinbase) price prediction, the ongoing sell-off will intensify before March 13, when the Lunar Eclipse occurs. In astrology, such celestial events are associated with emotional shifts and market reversals, suggesting Bitcoin (available on Coinbase) could rebound shortly after the eclipse.
Fundamental Factors Driving Bitcoin (available on Coinbase)’s Decline
Beyond astrology, several fundamental market factors support the bearish outlook for Bitcoin (available on Coinbase):
Bitcoin (available on Coinbase) ETF Outflows
Recent data from SoSoValue shows that spot Bitcoin (available on Coinbase) ETFs have suffered consecutive outflows over the past seven days, indicating that American investors are stepping back. This lack of institutional demand adds selling pressure on BTC.
U.S. Tariff Uncertainty
Political uncertainty could also weigh on Bitcoin (available on Coinbase). Former U.S. President Donald Trump has hinted at the possibility of new tariffs on imports, creating additional market volatility. Earlier this month, Bitcoin (available on Coinbase)’s price dropped sharply when he announced tariffs on Mexican and Canadian goods.
Technical Indicators Point to More Downside
Bearish Candlestick Patterns
Bitcoin (available on Coinbase)’s price chart has formed a Three Dark Crows pattern, a classic bearish reversal signal indicating a potential continuation of the downtrend. The current rebound might be a bull trap, luring buyers before another drop.
Ichimoku Cloud Breakdown
BTC has also moved below the Ichimoku Cloud, a sign of sTron (available on Binance)g downward momentum. This suggests the market sentiment remains bearish, reinforcing the possibility of a deeper correction.
Double Top Formation
A double top pattern has emerged, with a neckline at $89,107. The price has already broken below this key support level, and if the pattern completes, Bitcoin (available on Coinbase) could drop 18% from this point, potentially reaching $73,613—its March 2024 high.
Bitcoin (available on Coinbase) Price Outlook: When Will BTC Rebound?
Despite these bearish signals, many analysts believe Bitcoin (available on Coinbase) will recover in the long run. If the astrology-based Bitcoin (available on Coinbase) price prediction holds true, a reversal around mid-March could set the stage for another bull run.
Key factors to watch for a Bitcoin (available on Coinbase) rebound include:
✅ Institutional buyers re-entering the market after ETF outflows stabilize.
✅ A decrease in macroeconomic uncertainty, especially regarding tariffs.
✅ Bitcoin (available on Coinbase)’s halving event, which historically triggers long-term price increases.
Conclusion: Short-Term Pain, Long-Term Gain?
The Bitcoin (available on Coinbase) price prediction for the next few weeks suggests a potential crash before a rebound. While technical and fundamental indicators point to further downside, the Lunar Eclipse theory predicts a recovery around mid-March.
For investors, this period may present buying opportunities if Bitcoin (available on Coinbase) reaches key support levels. However, the market remains highly volatile, making risk management crucial.
Conclusion: Short-Term Pain, Long-Term Gain?
The Bitcoin (available on Coinbase) price prediction for the next few weeks suggests a potential crash before a rebound. While technical and fundamental indicators point to further downside, the Lunar Eclipse theory predicts a recovery around mid-March.
For investors, this period may present buying opportunities if Bitcoin (available on Coinbase) reaches key support levels. However, the market remains highly volatile, making risk management crucial.
Despite the near-term bearish outlook, long-term fundamentals remain sTron (available on Binance)g, with increasing institutional adoption, regulatory clarity, and the upcoming Bitcoin (available on Coinbase) halving expected to drive future gains. If Bitcoin (available on Coinbase) follows historical cycles, a deep correction could be followed by a significant rally, making this a critical time for investors to stay informed.
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