March 6, 2026

btc bullish update

btc bullish update

btc bullish update

BTC bullish update

BTC/USD COINBASE:BTCUSD
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btc bullish update

well a lot of people been talking about this big bear flag highlighted in orange. which would target 23k area. well im here to say thats highly unlikely to happen, can it happen? of course it could. we are forming a bull flag on the 1-3 day time frame also very good retest of the 44k area and ascending triangle in white which is also bullish . i will not give the bear flag any attention unless we fail to hold major support levels. but until then its not relevant.

we were also out of the Bollinger bands so its cooling off. i expect the uptrend to continue this month with the normal pullbacks. my strategy will be long at the supports and take some profits and resistance. they will be longer swing trades. 45k is our main support on this 3 day tf holding nicely with the fib level as well.

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