{"id":418116,"date":"2022-03-18T15:22:26","date_gmt":"2022-03-18T12:22:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\/"},"modified":"2022-03-18T15:22:26","modified_gmt":"2022-03-18T12:22:26","slug":"bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\/","title":{"rendered":"# Bitcoin could see $37.5K weekend dip before &#8216;bigger move&#8217; next week \u2014 new report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a33787e566f9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a33787e566f9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\/#%E2%80%9D_Bitcoin_could_see_375K_weekend_dip_before_%E2%80%98bigger_move_next_week_%E2%80%94_new_report_%E2%80%9C\" >&#8221; Bitcoin could see $37.5K weekend dip before &#8216;bigger move&#8217; next week \u2014 new report &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\/#Analyst_on_BTC_%E2%80%9CThe_bigger_move_is_coming%E2%80%9D\" >Analyst on BTC: &#8220;The bigger move is coming&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\/#Macro_picture_mimics_decades-old_conundrum\" >Macro picture mimics decades-old conundrum<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_could_see_375K_weekend_dip_before_%E2%80%98bigger_move_next_week_%E2%80%94_new_report_%E2%80%9C\"><\/span>&#8221; Bitcoin could see $37.5K weekend dip before &#8216;bigger move&#8217; next week \u2014 new report &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) is set for a \u201cbigger move\u201d as soon as next week, fresh analysis says as volatility faces a breakout situation.<\/p>\n<p>In its latest market update, trading suite Decentrader <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decentrader.com\/market_updates\/bitcoin-cmon-do-something\/\">told<\/a> readers that the time would soon come to \u201cpull the trigger\u201d with liquidity as BTC price action goes up or down.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Analyst_on_BTC_%E2%80%9CThe_bigger_move_is_coming%E2%80%9D\"><\/span>Analyst on BTC: &#8220;The bigger move is coming&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin has been making lower highs and higher lows throughout this week as a descending wedge on lower timeframes sees volatility ebb.<\/p>\n<p>Such a situation cannot last forever, and for Decentrader\u2019s Filbfilb, it has a matter of days left to run.<\/p>\n<p>\u201cWe continue to trade intra day, low timeframes, with an eye on legacy markets and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> developments in Ukraine to ensure we have a foot in the market and are ready to pull the trigger in either direction when the time comes, which is fast <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roaching and somewhat unclear as to the outcome at the moment due to the current environment but look forward to a more sustained move,\u201d the update summarized.<\/p>\n<p>The assessment mimics that of Filbfilb\u2019s note to Telegram channel subscribers earlier on March 18, which nonetheless foresees potential lower levels over the weekend \u2014 specifically, a return below $40,000 toward support around $37,500.<\/p>\n<p>\u201cThe bigger move is coming&#8230; next week, I would think we will see some action,\u201d it reads. <\/p>\n<blockquote><p>\u201cEach of the last three weekends have seen Bitcoin find its way into the demand area, but pump weaker in the following week so I don&#8217;t think it&#8217;s unreasonable to expect something similar again this week&#8230; price currently being supported by the 50 DMA but we need to see weekly closes above that as I have mentioned previously.\u201d<\/p><\/blockquote>\n<p>Bitcoin\u2019s 50-day moving average, as mentioned, currently sits at around $40,330 on Bitstamp, data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a> shows.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/693e18b0-1459-4112-812b-e36c42cd4d37.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-day candle chart (Bitstamp) with 50DMA. Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Macro_picture_mimics_decades-old_conundrum\"><\/span>Macro picture mimics decades-old conundrum<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Concerns that a macro trigger could spell more significant pressure for Bitcoin meanwhile are by no means confined to trading circles.<\/p>\n<p><strong><em>Related: ETH derivatives show pro traders are worried about Ethereum\u2019s $2.5K support<\/em><\/strong><\/p>\n<p>As Cointelegraph reported on March 17, there is a pervading sense that the coming mid-term range could be one of significant volatility skewed to the downside.<\/p>\n<p>This would come thanks to inflationary pressures, reactions to the ongoing Ukraine-Russia conflict and a growing desire to exit reliance on the U.S. dollar, euro and other Western currencies.<\/p>\n<p>Further out, analysts argue, Bitcoin could still come out on top alongside gold, but the process will likely be painful.<\/p>\n<p>Filbfilb likewise hinted at the setup showing its colors going forward.<\/p>\n<p>\u201cPrice action is showing some strength for Bitcoin, alongside negative funding and general negative sentiment, however, rate rises by the Fed and planned tapering will continue to cause liquidity issues for Bitcoin, at least in the short term, which is yet to be recognized as the inflation-busting asset which it aspires to be,\u201d the update explains. <\/p>\n<blockquote><p>\u201cThis is something that is likely to take some time to play out, with less liquidity for big players and retail investors\/traders facing a squeeze on their disposable income at the same time, something which hasn\u2019t been seen in decades.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-could-see-37-5k-weekend-dip-before-bigger-move-next-week-new-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bitcoin could see $37.5K weekend dip before &#8216;bigger move&#8217; next week \u2014 new report &#8220; Bitcoin (BTC) is set for a \u201cbigger move\u201d as soon as next week, fresh analysis says as volatility faces a breakout situation. In its latest market update, trading suite Decentrader told readers that the time would soon come to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":418117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTkwM2EyNTctYzBiZC00Y2I0LThjZTAtMTk0MmJkMTg3NjYwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785,68637],"class_list":["post-418116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets","tag-predictions"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/418116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=418116"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/418116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/418117"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=418116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=418116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=418116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}