- Bitcoin bull market still in play, according to analysts.
- Next moves for BTC are revealed.
- Can the crypto market outperform in March?
Analysts confirm that the Bitcoin bull market is still in play, despite recent price drops. This week, Bitcoin’s price fell from around $98,000 to $80,000 due to a crypto market crash.
Bitcoin Bull Market Still in Play
> #Bitcoin is Still in a Bull Market 🚀
>
> I know it’s hard to believe, but zooming out, especially from an Ichimoku perspective, #BTC remains in a bull market.
> – First alert: A monthly close below Tenkan 🔴 would be a warning sign.
> – Trend shift confirmation: Only if Kijun 🔵 breaks… pic.twitter.com/iz6OQKVfmt
> — Titan of Crypto (@Washigorira) February 28, 2025
The analyst insists that the Bitcoin bull market is ongoing. The first alert is a monthly close below Tenkan, which would signal caution, while a trend shift would only occur if Kijun breaks downwards. Until then, the broader trend remains intact.
Analyst Shares Next Moves for BTC
> #Bitcoin Update #BTC is now testing Kijun 🔵 at $81,000, a key Ichimoku level where price often finds support.
>
> Today’s Core PCE announcement:
> 📊 Previous: 0.2%
> 📊 Forecast: 0.3%
> A lower-than-expected print ( — Titan of Crypto (@Washigorira) February 28, 2025
The analyst reports that BTC is currently testing Kijun at $81,000, a critical support level according to Ichimoku indicators. He mentions the day’s Core PCE announcement (Previous: 0.2%, Forecast: 0.3%). A lower-than-expected result could trigger a bounce for BTC, yet if not, further declines are anticipated. The crypto community is anxious to observe BTC’s next movements.
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