$BTC

The sharp decline in the price of Bitcoin today may raise questions about whether this is just a temporary correction or the beginning of a broader downward trend. The expectation of a price increase after the drop depends on several factors, including:

1. Technical Analysis (short-term)

If the price bounces back from strong support (for example, the 78,000 or 76,000 area), we may see a rebound upwards.

Indicators like RSI if in the oversold area (below 30), this supports the possibility of a rebound.

MACD if it shows signs of a bullish crossover, this is also a positive signal.

2. Fundamental Analysis (medium to long-term)

There is concern in the market about bond volatility and its impact on risky assets like crypto.

However, on the other hand, there is expected momentum from the upcoming Halving event (expected in April), which often supports the upward trend after a short period of volatility.

3. Market Psychology

Many investors consider any sharp decline an opportunity to buy, especially before significant events like the Halving.

However, if there is a break of important support levels without a rebound, selling may increase due to fear.