By Chris Hollingworth 
Bitcoin bulls are currently attempting to stage a recovery, however, strong selling pressure at higher levels is preventing any significant breakthrough of the range highs. Renowned trader Peter Brandt recently highlighted a bearish wedge pattern breakdown for Bitcoin, setting a target objective of $65,635.
Amidst the current macroeconomic landscape and concerns over an extended trade war, Coin Bureau founder Nic Puckrin has indicated a 40% probability of a recession in 2025. Puckrin believes that a potential recession, coupled with macroeconomic uncertainties, could exert pressure on high-risk assets like cryptocurrencies.
Despite the prevailing bearish sentiment, some analysts remain optimistic about Bitcoin’s short-term prospects. Analyst Stockmoney Lizards suggested a potential local bottom for Bitcoin between $82,000 and $80,000, foreseeing a reversal in the upcoming week.
In the event of a Bitcoin recovery, certain alternative coins (altcoins) are expected to experience upward movement. Let’s delve into the technical charts of leading cryptocurrencies exhibiting a bullish setup.
### Bitcoin Price Analysis
Bitcoin’s inability to breach the resistance line has attracted selling interest from traders. Bears are likely to target the crucial support level at $80,000 if the current resistance persists.
**BTC/USDT Daily Chart:** The 20-day exponential moving average ($85,253) remains flat, with the relative strength index (RSI) slightly below the midpoint, giving a marginal advantage to the bears. A breach of the $80,000 support could lead to a decline towards $76,606.
**BTC/USDT 4-Hour Chart:** The 20-EMA is trending downwards on the 4-hour chart, accompanied by a negative RSI, indicating bearish control. A potential slide towards $80,000 and $78,000 may occur if the price fails to rally above the 20-EMA.
Buyers need to drive and sustain prices above the 20-EMA to signal strength. A breakthrough above $89,000 could signify the end of the corrective phase, paving the way for a rally towards $95,000 and $100,000.
### Toncoin Price Analysis
Toncoin (TON) exhibited a positive sentiment after bouncing off the moving averages on March 30.
**TON/USDT Daily Chart:** The upward-sloping 20-day EMA ($3.58) and a positive RSI favor buyers. A successful breach above $4.14 could initiate an upward move towards $5 and subsequently $5.65. Conversely, a drop below $3.3 might indicate bearish control, pushing the pair towards $2.81 and $2.64.
**TON/USDT 4-Hour Chart:** A rebound from the uptrend line suggests bulls view dips as buying opportunities. If buyers breach the $4.14 resistance, the pair could embark on an upward trajectory towards $5. Conversely, sustained price decline below the uptrend line might lead to a drop to $3.28.
### Cronos Price Analysis
Cronos (CRO) broke above the moving averages on March 24, signaling a potential end to the downtrend.
**CRO/USDT Daily Chart:** The CRO/USDT pair faces resistance near $0.12, with buyers defending the $0.10 support, indicating a possible higher low formation. A breakthrough above $0.12 could propel the pair towards $0.14.
For further analysis, sellers will aim to sink the Bitcoin price below critical levels, while buyers will seek to maintain bullish momentum in the face of existing challenges.
