Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst

Quick Summary:

Source: Cointelegraph/TradingViewOn the daily chart, BTC is currently below the 200-day exponential moving average (EMA) again, and a potential close below the key indicator might trigger further downside.  Global liquidity expansion could help Bitcoin price Recent analysis from macroeconomic market analyst Capital Flows pointed out that Bitcoin could correct to the $72,000-$75,000 region if liquidity conditions remain unchanged. Macro liquidity refers to the total capital available in the financial system that can easily flow into risk-on assets like equities and crypto but is influenced by factors like interest rates, US Federal Reserve policies and market conditions.

In an X post, the trader said, “Either holds this FVG / 2 weeks ago high at 8527,0 or it fails, and I'll look for a short on retest targeting build up liq near 80K.”Bitcoin 1-day analysis by Crypto Chase.Source: X.comThis article does not contain investment advice or recommendations.

The trader showed immediate support at $76,700, which might be a minor retest region before prices drop below $74,000. Likewise, Crypto Chase, a technical analyst, noted that it is a “do or die” situation for Bitcoin.

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Author / Journalist: Cointelegraph by Biraajmaan Tamuly

Category: Crypto

Markets: United States

Topics: Capital Money Liquidity Crypto Chart Macro Assets Bitcoin Risk Supply Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 16:56:55 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 649 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Coin Telegraph

News ID: 27386532

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