#Bitcoin price has stabilized above the $69,000 resistance zone, with fluctuations between $71,600 and $68,400.
$BTC is expected to maintain this range-bound movement for now, with potential bullish aims set at $75,000.
Throughout the final week of March, #Bitcoin traded sideways, ending the month within an accumulation zone.
Rejection at current levels may lead to the formation of a double-top pattern, potentially undermining bullish momentum.
$BTC closed above the resistance zone last month despite two previous rejections, indicating resilience.
The ongoing consolidation reflects market indecision between buyers and sellers.
Weekly chart analysis reveals a bullish reversal after a successful retest of a rounding bottom breakout.
The week concluded with a bullish engulfing candle, signaling a 4.15% surge in Bitcoin's price.
Speculation abounds that the upcoming rally could potentially target $100,000 by the end of the month.
According to Coin Gabbar analysis, Bitcoin #Price Prediction 2030 envisions a surge to $250,000, while Bitcoin Price Prediction 2040 foresees a surge to $500,000.
KEY LEVELS :
RESISTANCE LEVEL : $70,500-$71,800
SUPPORT LEVEL : $68,500-$67,600
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