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Mar 23, 2024 10:46 AM

Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 22, 2024 

Bitcoin / U.S. dollarBitstamp

Description

Technical Analysis and Outlook:
Bitcoin has dropped significantly from a Mean Sup of 65900 to a Mean Sup of 61300, where it is currently gyrating. The upcoming retest of the Mean Sup of 68400 will be crucial for continuing the bull run. However, before the bull run takes place, the coin might retest Mean Sup 61300 and, in the process, complete Outer Coin Dip 57200.

Comment

Correction: Mean Sup of 68400 should read Mean Res 68400.
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