• The price of Bitcoin has stabilized above the $69,000 resistance zone, moving between $71,600 and $68,400.
• It is expected that Bitcoin will continue to trade within this range, with a possible bullish target at $75,000.
• Recent trading saw Bitcoin moving sideways, staying within an accumulation zone towards the end of March.
• If there is rejection at current levels, it could indicate the formation of a double-top pattern that might affect bullish momentum.
• Despite two previous rejections, Bitcoin closed above the resistance zone last month, showing resilience.
• Market indecision is reflected in the ongoing consolidation between buyers and sellers.
• Analysis of the weekly chart shows a bullish reversal after a successful retest of a rounding bottom breakout.
• The week ended with a bullish engulfing candle, resulting in a 4.15% increase in Bitcoin's price.
• Speculation suggests that the upcoming rally could target $100,000 by the end of the month.
• Coin Gabbar's analysis predicts a surge to $250,000 in 2030 and $500,000 in 2040 for Bitcoin.

KEY LEVELS:

• RESISTANCE LEVEL: $70,500-$71,800
• SUPPORT LEVEL: $68,500-$67,600

Please note: The guidance and chart analysis provided by Coingabbar on cryptocurrencies, NFTs, or other decentralized investments is for informational purposes only and not financial advice. Users are advised to research independently, use their judgment, and understand the risks involved with financial instruments. Coingabbar is not responsible for any financial losses. Cryptocurrency and NFT markets are highly volatile, so users should consult financial professionals and evaluate their risk tolerance before investing.