BTC/USD quotes are trading at 66620 and continue to move within a downward trend and a descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken below the area between the signal lines, indicating downward pressure from sellers of “Digital Gold” and a potential continuation of the asset’s decline from current levels. As part of the cryptocurrency price forecast for tomorrow, March 31, 2026, we expect an attempt at a bullish correction in the digital asset’s price and a test of the resistance level near 70205. From there, we expect another downward rebound and an attempt at a continued decline in the Bitcoin price with a target below 61205.
Bitcoin Forecast and BTC/USD Analysis for March 31, 2026
An additional signal supporting a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this scenario would be a rebound from the lower boundary of the bullish channel. A strong rise in the asset’s price and a breakout of the 71505 area would cancel out the downward trend in the coin’s exchange rate and Bitcoin’s price. This would indicate a breakout of the resistance area and continued growth in the Bitcoin price, with a potential target of 79505. A breakout of the support area and consolidation below 64565 would confirm the asset’s price decline.
Bitcoin Forecast and BTC/USD Analysis for March 31, 2026 suggests an attempt to test the resistance level near the 70205 area. Subsequently, the cryptocurrency would continue to decline, with a potential target of 61205. A test of the resistance line on the relative strength indicator (RSI) would serve as an additional signal in favor of Bitcoin’s price decline. A breakout of the 71505 area would cancel out the digital currency’s downward trend. This would indicate continued growth with a potential target above 79505.
