KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>3.31 Why I Believe BTC Will Rebound Above $80,000

I know everyone is bearish—being bearish in a bear market and bullish in a bull market is the easiest thing to do, but identifying secondary movements is far more challenging.

1. BTC entered the bear market first and dropped by 50%, yet it’s now showing independent strength: while U.S. stocks hit new lows daily, BTC remains above $60,000.

2. BTC’s weekly RSI is oversold; although the bottom may not yet be in, this sets the stage for a significant rebound.

3. The market has been consolidating for two months—April will be the decisive month.</p>

3.31 Why I Believe BTC Will Rebound Above $80,000
I know everyone is bearish—being bearish in a bear market and bullish in a bull market is the easiest thing to do, but identifying secondary movements is far more challenging.
1. BTC entered the bear market first and dropped by 50%, yet it’s now showing independent strength: while U.S. stocks hit new lows daily, BTC remains above $60,000.
2. BTC’s weekly RSI is oversold; although the bottom may not yet be in, this sets the stage for a significant

3.31 Why I Believe BTC Will Rebound Above $80,000 I know everyone is bearish—being bearish in a bear market and bullish in a bull market is the easiest thing to do, but identifying secondary movements is far more challenging. 1. BTC entered the bear market first and dropped by 50%, yet it’s now showing independent strength: while U.S. stocks hit new lows daily, BTC remains above $60,000. 2. BTC’s weekly RSI is oversold; although the bottom may not yet be in, this sets the stage for a significant rebound. 3. The market has been consolidating for two months—April will be the decisive month.

Comment