Bitcoin daily update (15-March 2026)

Mar 15

Bitcoin first moved above EMA34 4-March to see a rejection the next day. Then again it moved and closed above 12-March and then closed 13 and 14 above this level. The action starts bullish 15-March 2026 as Bitcoin is trading safely above EMA34.

Notice the action continues to happen around resistance, the orange space on the chart. Notice the green space, this is the final support zone. This level remains unchallenged. Resistance becomes weaker with each passing day.

Bitcoin is bullish right now based on the daily timeframe.

If the trading moves and closes below the November 2021 high, a price of $69,000, then the sideways range becomes active again. Not necessarily bearish but sideways, the same conditions we had for more than a month.

If Bitcoin moves below the April 2021 high, around $64,000, then bearish potential becomes active.

The bulls have the upper-hand. Yesterday Bitcoin produced the second highest close since the 6-February crash. The first one being 4-March at $72,666 and yesterday (14-March) at $71,212.

Any and all trading above $70,000 should be considered extremely bullish.

The longer Bitcoin trades above $70,000, the riskier it becomes for the bears; better for the bulls.

Only a sudden drop, and close, below $69,000 can active any kind of bearish consideration. Still, extremely bullish above $65,500 which is right below the previous higher low.

Market conditions continue to improve and we are getting some positive signals from the altcoins. Not 1,000% bullish but it is already starting after more than a month of consolidation at bottom prices.

When Bitcoin moves above $74,000, we will see 1B or 1.2B worth of short positions liquidated. This will signal the start of the next major bullish wave. It is already underway, but this development is needed to confirm maximum bullish momentum and sustained growth.

$85,000 is the minimum target on this chart setup. Higher is possible.

Thanks a lot for your continued support.

Namaste.

Mar 15

Trade active

It is amazing how this market works. First, Bitcoin would not close more than two days green, not once once the correction started. Then, as the sideways period reaches its end, we get not three but seven consecutive green days... And it is about to go wild. Sustained bullish action. Sustained growth.

This is the best ever. The bottom is in. Bitcoin is going up.

Namaste.