March 9, 2026

BTCUSD consolidation around 40000 $

BTCUSD consolidation around 40000 $

BTCUSD consolidation around 40000 $

BTCUSD consolidation around 40000 $

Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD
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BTCUSD consolidation around 40000 $

The price of Bitcoin still fails to make a concrete break above $ 42,000 and stay above. We had such an attempt yesterday, where the price climbed to 42,450 dollars. After that, we had a rapid withdrawal of up to $ 40 ,550. The MA20 moving average is now on the bearish side and puts a little pressure on the price, while the MA50 and MA200 are in the zone of around $ 40 ,000. The geopolitical situation is still unstable, which keeps buyers on the sidelines, and that could further lower the price of bitcoin . A break below $ 40 ,000 and moving averages to the bearish side could lower the previous March support zone price of $ 37,200-37675. For the bullish option, we need a break above the $ 43,000 level. After that, we can expect growth to the March resistance zone of about $ 45,000

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