Bitcoin Outlook by Chart-Info March 29, 2026
[Bitcoin Market Analysis] "Different from last April's correction" Two technical reasons warning of a decline
Hello. With the recent increase in Bitcoin market volatility, many investors are likely concerned about the market's direction.
In today's post, I would like to analyze the current Bitcoin chart and share my personal perspective. To jump straight to the conclusion: "The decline (correction) of Bitcoin that lasted until April last year is qualitatively different from this year's decline."
I have summarized two clear technical reasons why we should suspect a structural downtrend rather than a simple correction.
📉 First Reason: Collapse of the 75K Support Level and Weekly Trend Break The first thing to note is the collapse of major price levels. Bitcoin, which had been following a solid upward trend, failed to hold the 75K support level and broke down. Subsequently, it fell to 63K, marking a new lower low.
This signifies more than just a price drop; it means the massive upward trend on the weekly timeframe has been broken. Even more concerning is the fact that the price levels we previously expected to be solid support have now flipped into resistance (S/R Flip). Even if buying pressure emerges, there is a high probability that the previous support levels will now act as a strong wall of selling.
📊 Second Reason: 'Death Cross' and Moving Average Bearish Alignment The second reason is the Moving Average (MA), the simplest yet most powerful indicator of a trend.
In April 2025 last year, there was a time when the market was spooked by a new low. However, the decisive difference between then and now lies in the alignment of the moving averages. At that time, even if the price fell, the moving averages maintained a bullish alignment (Golden Cross state), and the slope was still pointing upward. In other words, it was merely a temporary dip, and the underlying 'strength of the upward trend' was still powerful.
But this year is different. The current alignment of the moving averages has completely shifted to a bearish alignment (Reverse Alignment). While some might dismiss this as a simple short-term bearish signal, moving averages are a core indicator watched closely by countless individual traders and institutions worldwide. This bearish shift is a strong warning that market dominance has shifted from buyers to sellers.
🛡️ Conclusion: A time to focus on 'Risk Management' rather than aggressive buying Of course, it's not that there are no positive factors at all. Giant institutions such as MicroStrategy and BlackRock (iShares) are still consistently investing in Bitcoin. Because of this institutional buying pressure, we cannot be 100% certain that the market will decline indefinitely.
However, the current Bitcoin chart clearly warns of a decline. Even if institutional accumulation continues from a macro perspective, it can be dangerous to aggressively buy by trying to predict the bottom at this point where the trend has technically broken.
Please keep in mind that now is a time to strictly manage risk from a conservative perspective rather than engaging in aggressive investment.
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