比特币（BTC）价格下跌多达14％，至四个月低点

比特币（BTC）在3月11日跌至76,600美元的四个月低点后，反弹多达14％。但是BTC的价格下降了约25％

Bitcoin (BTC) price dropped to a four-month low of $76,600 on March 11 after the world’s leading cryptocurrency rebounded by as much as 14%.

3月11日，比特币（BTC）的价格下跌至3月11日的四个月低点76,600美元，此前世界领先的加密货币反弹多达14％。

Still, some analysts anticipate the Bitcoin price declines to continue in the future.

尽管如此，一些分析师仍预计将来的比特币价格会降低。

“Dark cloud” hints Bitcoin is topping out

“乌云”提示比特币正在淘汰

Bitcoin faces renewed bearish pressure after rejecting at $87,470, the descending channel resistance, with a “dark cloud cover” pattern reinforcing the downtrend, according to an analysis shared by GDXTrader on X.

根据GDXTrader在X上共享的分析，比特币在拒绝$ 87,470（降低的通道电阻）的拒绝后面临着更新的看跌压力，其“乌云覆盖率”增强了下降趋势。

BTC/USD daily price chart. Source: TradingView/@GDXTrader

BTC/USD每日价格图。资料来源：TradingView/@gdxtrader

The dark cloud cover pattern occurs when a strong green candle is followed by a red candle that opens above the previous close but closes below the midpoint of the first candle’s body.

当一支强烈的绿色蜡烛之后是一支红色蜡烛，它在前面的近距离上方打开，但在第一个蜡烛的身体的中点以下时，就会发生乌云盖图案。

Illustration of a dark cloud cover. Source: GoldenEye Analysis

乌云盖的插图。资料来源：Goldeneye分析

Such a shift in sentiment indicates that buyers attempted to push higher but were overpowered by sellers, often leading to further downside.

这种情绪的转变表明，买家试图推动更高，但被卖方压倒，通常会导致进一步的缺点。

Bitcoin's failure to close within the $90,000-$93,000 resistance zone suggests a lack of buying conviction, GDXTrader noted, saying the cryptocurrency will remain under bearish pressure unless it decisively breaks above the said range.

GDXTRADER指出，比特币未能在90,000- $ 93,000的电阻区关闭，这表明缺乏购买定罪。

BTC price ‘perfect rejection’ risks $65,000

BTC价格“完美拒绝”风险$ 65,000

Bitcoin's potential to decline further arises from its “perfect rejection” after testing the $86,000-88,000 zone as resistance, according to analysis from popular trader CrediBULL Crypto.

根据受欢迎的Trader Credibull Crypto的分析，比特币在测试了86,000-88,000个区域后，其“完美拒绝”的潜力进一步源于其“完全拒绝”。

Related: Here's why Bitcoin price can't go higher than $87.5K

相关：这就是为什么比特币价格不能高于$ 87.5K的原因

Notably, Bitcoin attempted to break toward the local supply zone marked in red but failed to sustain above the said resistance zone, illustrated by the orange circle in the chart below.

值得注意的是，比特币试图朝着红色标记但未能维持上述阻力区域的局部供应区闯入，在下图中由橙色圆圈说明。

BTC/USD hourly price chart. Source: TradingView/CrediBULL Crypto

BTC/USD小时价格图表。资料来源：TradingView/Credibull Crypto

Failure to reclaim the supply zone has increased the probability of a drop toward lower support levels around $77,000-79,000 (highlighted in green) by March. Testing this area as support has led to sharp price rebounds in March.

到3月，未能收回供应区的可能性提高了下降较低的支撑水平（绿色突出显示）的可能性。测试该区域作为支持，导致了3月的价格稳定篮板。

Nonetheless, if this support zone breaks, a deeper move below the $77,000-79,000 region could extend toward the $65,000-74,000 area—the larger green liquidity zone in the chart above—by April.

尽管如此，如果该支撑区破裂，则更深入77,000-79,000个地区的更深层次迁移可能会延伸到4月上面图表中较大的绿色流动性区域的$ 65,000-74,000地区。

Analyst George shared a similar outlook, as shown below.

分析师乔治分享了类似的前景，如下所示。

Source: George1Trader/X

资料来源：George1trader/X

“Hard to stay bullish” with a bear flag pattern

用熊旗图案“难以看见”

According to analyst CryptOpus, Bitcoin remains tightly correlated with traditional equity markets, particularly the S&P 500 (SPX) and Nasdaq 100 (NDX), both of which are displaying bear flag patterns on the charts.

根据分析师的加密货币，比特币仍然与传统的股票市场密切相关，尤其是标准普尔500指数（SPX）和NASDAQ 100（NDX），这两者都在图表上显示熊旗图案。

A bear flag forms when the price consolidates higher inside an ascending parallel channel. It resolves if the price breaks below the lower trendline and drops by as much as the previous downtrend’s height.

当价格在上升的平行通道内部更高时，形成熊旗。如果价格下降到较低的趋势线低于较低的趋势，则它可以解决。

Source: CryptOpus

资料来源：加密

BTC is following a similar bear flag structure, with $84,000 acting as the lower trendline support. A break below this threshold could trigger a deeper sell-off toward $72,000 per the technical rule explained above.

BTC遵循类似的熊旗结构，84,000美元充当较低的趋势线支持。根据上述技术规则，低于此阈值的突破可能会引发更深层次的抛售范围。

Moreover, Bitcoin's correlation with equities has grown due to a broader decline in risk-on sentiment, led by the US President Donald Trump's global trade war.

此外，由于美国总统唐纳德·特朗普（Donald Trump）的全球贸易战，比特币与股票的关系不断增长。

BTC/USD and Nasdaq Composite 30-day correlation. Source: TradingView

BTC/USD和NASDAQ复合30天相关。资料来源：TradingView

Arthur Breitman, the co-founder of Tezos, has called US recession one of the crypto market's biggest external risks.

Tezos的联合创始人Arthur Breitman称我们的经济衰退是加密货币市场最大的外部风险之一。