{"id":95708,"date":"2026-03-30T10:42:38","date_gmt":"2026-03-30T07:42:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95708"},"modified":"2026-03-30T10:45:26","modified_gmt":"2026-03-30T07:45:26","slug":"bitcoin-tests-65000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-tests-65000\/","title":{"rendered":"Bitcoin Tests $65,000"},"content":{"rendered":"

On March 30, the leading cryptocurrency fell to $65,112, marking a new low since late February. By the opening of Asian trading, the asset’s price had recovered to $67,400.<\/p>\n

\"BTCUSDT_2026-03-30_10-04-28\"
Hourly chart of BTC\/USDT on Binance. Source: TradingView<\/a>.<\/figcaption><\/figure>\n

Altcoins supported the local rebound: Ethereum rose to $2042, Solana<\/a> to $83.4, and XRP<\/a> to $1.35. However, the weekly chart remains bearish overall. Exceptions were Ethereum and TRX<\/a>, which gained 0.3% and 5% respectively.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Source: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The cryptocurrency market is under pressure from a negative macroeconomic backdrop and rising commodity prices. Brent crude oil has increased to $115 per barrel, and industrial metal prices are also climbing. Asian stock indices have fallen by more than 3%. The rising cost of raw materials heightens inflationary risks, causing investors to doubt a quick reduction in the Federal Reserve’s key rate.<\/p>\n

Meanwhile, the number of long positions on the BTC\/USD pair on the Bitfinex exchange reached 79,343, the highest since November 2023.<\/p>\n

\"e91f84ea8b6de3a83181cd17ed60435bfc277e85-2814x1448\"
Source: CoinDesk, TradingView<\/a>.<\/figcaption><\/figure>\n

Historically, this metric acts as a counter-indicator, explained CoinDesk analyst Omkar Godbole. The rise in bullish positions often coincides with local price peaks, followed by sharp declines. The current accumulation of longs indicates a high risk of ending the consolidation in the $65,000-$75,000 range with a deep sell-off.\u00a0<\/p>\n

On-chain analyst Willy Woo believes that Bitcoin will find a bottom in the range of $46,000 to $54,000. The CVDD<\/span> metric is currently at $45,500.<\/p>\n

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Old school onchain models suggest a BTC bottom between 46k-54k. Also hints at how much time we have to wait.<\/p>\n

Orange line correlates to the capital stored in BTC and it has been leaving since November.<\/p>\n

CVDD Floor Model has the advantage of climbing over time, 45.5k right now. pic.twitter.com\/PrfFTgwAyA<\/a><\/p>\n

\u2014 Willy Woo (@willywoo) March 30, 2026<\/a><\/p><\/blockquote>\n