As the crypto summit approaches, BTC may rally toward $93,000 in anticipation of further bullish developments. However, if the summit fails to meet market expectations, the $85,000-$87,000 range will serve as a strong support zone.

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If BTC drops below $66,000, the index would enter a bottoming phase, indicating a potential market low.

From a technical perspective, the $71,000-$73,000 range is a previous accumulation zone and also the liquidation range for most users.

Altcoins are unlikely to see strong rallies while BTC remains in a downtrend, but TOTAL3 could rise rapidly once BTC finds a bottom.

If BTC fails to break through the critical resistance zone between $93,000 and $97,000 by March 20, the longer it stays below this range, the higher the likelihood of an impulse wave to the downside.

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As the crypto summit approaches, BTC may rally toward $93,000 in anticipation of further bullish developments. However, if the summit fails to meet market expectations, the $85,000-$87,000 range will serve as a strong support zone.