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Bitcoin Price Prediction: Will $73K Mark the Bottom Before the Next Big Surge?

  • Bitcoin may drop to $73K by April 1 before turning bullish again, with key support at the blue channel and $80.5K.
  • A bearish engulfing candle on the three-day chart signals potential retracement to $73K, with $80.5K as the first support level.
  • Bitcoin's test of the 200-day moving average is crucial for maintaining bullish momentum, with a failure to hold it risking further downside.
  • Bitcoin has been ranging and could fall to $73,000 level by April 1 before turning bullish again.

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