March 29, 2026

What Actually Happened To Bitcoin Price Action Edition

What Actually Happened To Bitcoin Price Action Edition

What Actually Happened To Bitcoin Price Action Edition

What Actually Happened To Bitcoin Price Action Edition

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
NikaJourney


What Actually Happened To Bitcoin Price Action Edition

So I decided to see why this big ol’ drop is happening with Bitcoin .
The answer?

We’re filling a very old order block that was never
completed in July 2021. So it makes sense price has dropped ALL the
way to where we are now. Time to analyze where we may be going from
here.

According to this current situation, once the years-old order block is
retested, we should make a long push back up to the 38810.05 weekly
zone since it was never retested on the 4hr. It just dropped like a brick.

If we are not ready for the giant uptick back up yet, and we
breakthrough the monthly 28990.63 zone, the next pivot area will be
24337.80 daily zone. We’re about to find out what happens.

BULL TPS:
• 32788.17
• 34337.72
• 35504.62
• 36622.43
• 38810.05

BEAR TPS:
• 29315.72
• 27774. 40
• 26233.07
• 24475.42

Previous Article

Wave ➁ completed a perfect flat

Next Article

Bitcoin poised to a bounce.

You might be interested in …

Trade MACD Multi Time Frame

Trade MACD Multi Time Frame

Trade MACD Multi Time Frame Ethereum / TetherUS BINANCE:ETHUSDT linartowijaya Making a trade plane using MACD Multi Time Frame . Chart & Indicator : 1. Heikin Aishi Candle 2. Current Chart MACD 3. Higher TF […]