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BTC Analysis March 21, 2022

BTC Analysis March 21, 2022

BTC Analysis March 21, 2022

BTC Analysis March 21, 2022

Bitcoin all time history index INDEX:BTCUSD
jossruica


BTC Analysis March 21, 2022

We are seeing a slight period of lateralization
While the volume continues to increase, which becomes a small area of accumulation in Bitcoin in 8h, probably BTC could break to the upside in the coming days, while in the daily chart (1D) of BTC today March 21, 2022 we we are still in an intermediate zone which increases our chances that the price will rise in the coming days

Volume increasing according to analysis

The volume on the 8-hour chart continues to have progressive peaks, which gives us a very good sign of a bullish development in the short term

The almost complete retreat
After going from 37k to almost 42.5k BTC is following a completely normal pullback after that bullish rally, giving us a pretty high chance of leaning on the mean to continue higher

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BTC Analysis March 21, 2022

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