{"id":3542,"date":"2025-03-10T19:13:06","date_gmt":"2025-03-10T19:13:06","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/this-analyst-predicted-the-bitcoin-price-crash-from-91000-why-its-far-from-over\/"},"modified":"2025-03-10T19:13:06","modified_gmt":"2025-03-10T19:13:06","slug":"this-analyst-predicted-the-bitcoin-price-crash-from-91000-why-its-far-from-over","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/this-analyst-predicted-the-bitcoin-price-crash-from-91000-why-its-far-from-over\/","title":{"rendered":"This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It\u2019s Far From Over"},"content":{"rendered":"<p>RLinda, a TradingView crypto analyst who predicted Bitcoin\u2019s previous crash from $91,000, has shared another <a href=\"https:\/\/bitcoinist.com\/will-history-repeat-itself\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">bearish forecast<\/a> for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.\u00a0<\/p>\n<p>Bitcoin is currently struggling to maintain its former momentum as bearish factors dominate the market. According to RLinda, the cryptocurrency haspredicts a major crash to new lows for Bitcoin, anticipating an 11% decline to $73,000 soon.<\/p>\n<h2>Bitcoin Price Set To Crash To $73,000<\/h2>\n<p>RLinda revealed that the <a href=\"https:\/\/bitcoinist.com\/bitcoin-remains-range-bound-as-volatility-declines-analyst-explains-price-action\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">market\u2019s volatility<\/a> was partially attributed to Donald Trump\u2019s comments on the <a href=\"https:\/\/bitcoinist.com\/trump-crypto-strategic-reserve-with-xrp-sol-and-ada\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">Federal Reserve<\/a>. The market reacted to the US President\u2019s statements with a global shake-up, causing liquidations across the crypto space.\u00a0<\/p>\n<p>Related Reading: <a href=\"https:\/\/bitcoinist.com\/bitcoin-9-month-cycle\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin 9-Month Cycle Says It\u2019s Not Over, Analyst Shows Where We Are In The Bull Run<\/a><\/p>\n<p>Additionally, the <a href=\"https:\/\/bitcoinist.com\/white-house-crypto-summit-trumps-bitcoin-reserve-sparks-market-frenzy\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto summit<\/a>, which was expected to spark bullish sentiment, did little to boost prices. Instead, it prevented the market from turning green. This market downturn has led to <a href=\"https:\/\/bitcoinist.com\/profit-taking-at-90k-100k-cools-bitcoin-as-block-p-l-count-ratio-drops-sharply-details\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">profit-taking by investors<\/a> due to the lack of market and manipulation by big players.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-709627\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Bitcoin-chart-from-RLinda.jpg?w=512&#038;resize=512%2C297\" alt=\"Bitcoin\" width=\"512\" height=\"297\" loading=\"lazy\" \/><\/p>\n<p>Based on the analyst\u2019s price chart, Bitcoin is trading within the $90,000 &#8211; $82,000 range. The cryptocurrency dropped to this price after experiencing a <a href=\"https:\/\/bitcoinist.com\/bitcoins-giants-awaken-old-whales-price-surge\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">slight price pump<\/a> in late February. Following this increase, Bitcoin lost all of its gains and has since been <a href=\"https:\/\/bitcoinist.com\/bitcoin-recovery-local-bottom-may-not-be-here-yet\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">aiming for a recovery<\/a>.\u00a0<\/p>\n<p>RLinda warns that if Bitcoin breaks below the $82,000 support level, it could experience a significant price breakdown towards $78,000 &#8211; $73,000. The TradingView analyst has highlighted $73,000 as the primary crash target, citing that Bitcoin is currently in a deep correction phase.\u00a0<\/p>\n<p>With global growth temporarily suspended, RLinda revealed that the market is in <a href=\"https:\/\/bitcoinist.com\/bitcoin-demand-weakens-does-liquidity-hold-the-answer\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">dire need of liquidity. <\/a>The analyst indicated that if the market\u2019s growth relies too much on bullish leverage and new buyers without proper correction, it may become unstable. A correction phase, like the one Bitcoin is currently experiencing, may allow liquidity to reset and prepare the market for future upward movements.\u00a0<\/p>\n<h2>BTC Key Resistance And Support Zones\u00a0<\/h2>\n<p>RLinda has pinpointed key resistance and support levels for the Bitcoin price, sharing insights into potential reversal points. The TradingView analyst asserts that the price zone with the most interest and liquidity is $73,000 &#8211; $66,000.\u00a0<\/p>\n<p>While a breakdown to $66,000 may seem like a steep decline, it could serve as a critical area for market stabilization. Moreover, further bearish movements would be confirmed if Bitcoin drops below $82,000. Currently, the resistance levels to watch are $89,400, $91,000, and $93,000. Conversely, the support areas to take note of are $82,000, $78,000, and $73,000.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/IrpM7BYE\/\" alt=\"Bitcoin\" width=\"2301\" height=\"1546\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RLinda, a TradingView crypto analyst who predicted Bitcoin\u2019s previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.\u00a0 Bitcoin is currently struggling to maintain its former momentum as bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,55,69,61,120,121,70,62,1961,293,827,184,1962],"class_list":["post-3542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto-submit","tag-donald-trump","tag-fed","tag-federal-reserve","tag-rlinda"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=3542"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/3543"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=3542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=3542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=3542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}