Will Bitcoin Rise in Late March or Early April? Possible Scenari
Currently, Bitcoin is entering a highly unique cycle where it’s attracting almost the entire market capitalization and staying at elevated levels. This contrasts with previous cycles when altcoins had more distinct opportunities, causing frustration for holders of large altcoin positions.
Bitcoin moved from the 27k level to form a peak, corrected down to 59k, then rallied to 107k to form a second peak on the monthly timeframe. At this point, Bitcoin appears to be starting a corrective wave within the larger uptrend structure.
Based on the current downtrend structure from the weekly (W) timeframe downward, here are two potential scenarios for Bitcoin:
Scenario 1
🔸 The price undergoes a correction, but it’s short-lived and soon reverts to the uptrend. Specifically:
🔹 A drop to around the 88k zone, followed by a minor rebound
🔹 Another correction down to the key levels of 83k or 75k
🔹 If a bottom forms at one of these zones, price could start a new upswing on the weekly chart, aligning with a fresh monthly uptrend
Timing:
🔸 Potentially in the first two weeks of April
🔸 If things move faster, it could happen in the last two weeks of March
Target:
🔸 A new all-time high (ATH) near 130k–140k
Scenario 2
🔸 The price drops to the 75k zone, accumulates there but fails to continue upward, instead forming a lower low. Specifically:
🔹 A further drop toward 68k–70k, or slightly lower
🔹 If this unfolds, Bitcoin might not rally in March or April
🔹 The corrective phase could extend into May–June 2025, after which the market completes its accumulation
Target Post-Accumulation:
🔸 A new peak near the previous level of 110k
Trading Approaches in the Current State of Bitcoin
For Traders (Futures / Margin):
🔸 Look for SELL swing opportunities
🔸 Scalp BUYs at key support/resistance zones
For Spot Investors:
🔸 Identify critical zones to accumulate BTC
🔸 During corrections, watch for short-term bounces to buy select altcoins on spot and aim for profits of about 50%, 80%, or even 150%
🔸 Use the Rainbow MG3 indicator to screen a broader list of assets and filter for strategic spot buy entries