Outlook for Trustpilot and brief thoughts on bitcoin
After some dramatic price activity, independent analyst Alistair Strang talks through his charts for this pair and what they suggest might happen next.
18th March 2026 07:54
by Alistair Strang from Trends and Targets
Cryptoassets are very high risk and you should be prepared to lose all your money before you invest
Bitcoin has been a little interesting, the reversal on 6 February to the Red line on the chart proving extremely interesting from our perspective. Historically, we’ve tended to distrust bitcoin (with extreme levels of justification), but the drop in February was, according to our formula, arithmetically precise on several levels.
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The bounce in the period since has been a little less than resounding but we shall be quite fascinated if the price manages above $79,000 anytime soon. A movement such as this shall potentially signal recovery to an initial $83,500 with our secondary, if bettered, working out at a rather more attractive $97,100 and some probable hesitation.
This sort of scenario will doubtless indicate the sheen is coming off gold, and doubtless opening some short potentials.
In the event that further trouble is planned for bitcoin, it needs below $60,000 to cause problems, allowing reversal to an initial $51,300 with our secondary, if broken, a probable bottom at an unlikely $43,000. However, while we seem to be genetically programmed to anticipate the worst for crypto, in this instance we suspect some recovery may be on the cards.
Source: Trends and Targets. Past performance is not a guide to future performance.
Trustpilot Group (LSE:TRST), by an astounding 0.2 of a penny, is looking surprisingly trustworthy for the future. The market appears to be viewing the shares with some confidence, the price achieving an official higher high by 0.2p and ringing a little bell which demanded we review their chances.
It’s apparently the case, where movement next above 235p has the potential of triggering some price recovery to an initially impressive 285p with our secondary, if exceeded, calculating at 338p and a visual challenge against the high of 2025. This will represent a level at which we shall be required to give the tea leaves another good hard look.
Should things intend to go wrong, below 208p would provide concern, the share price entering a dangerous area where reversal down to an initial 110p with our secondary, if broken, working out at a silly looking 27p.
In this instance, our inclination is to anticipate some happier days ahead for this share price.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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