Bitcoin price targets $65k–$68k as market seeks fair value, AMT shows
The post Bitcoin price targets $65k–$68k as market seeks fair value, AMT shows appeared on BitcoinEthereumNews.com.
Exploring Bitcoin’s recent price developments through the lens of Auction Market Theory, a market philosophy that helps explain how price moves between periods of balance and imbalance With Bitcoin (BTC) having recently broken away from a key consolidation zone, understanding this shift through AMT offers valuable insight into both immediate and long-term expectations. As price action now trends lower, the search for fair value intensifies, and traders must be aware of the implications for strategy, sentiment, and structure. Key points: Bitcoin recently exited a 133-day balance phase, initiating a bearish expansion that suggests the market is now seeking lower value areas. Price is currently trending toward a high-confluence support zone between $65,000 and $68,000, where the point of control, previous range highs, and key structural levels converge. A strong defense of this zone is required to maintain the broader high-time-frame bullish structure and prevent further downside continuation. Bitcoin Auction Cycle in Play Source: TradingView According to Auction Market Theory, markets naturally oscillate between periods of balance — where price moves sideways and value is accepted by both buyers and sellers — and periods of imbalance, where directional moves occur in search of new value. These imbalances can be triggered by a variety of factors, including news events, volume shifts, or significant technical breakouts. Bitcoin’s recent price action reflects this theory well. After ranging for 133 days following a 241-day accumulation phase, price has entered a clear expansion to the downside. This move breaks the previous area of balance and initiates a new cycle of value discovery, where the market searches for a price level at which both bulls and bears begin to agree once again. Auction Market Theory: a framework for market structure Source Auction Market Theory offers traders and investors a practical framework to interpret movements that might otherwise…
Filed under: News - @ April 9, 2025 5:24 pm