Bitcoin Analysis in March 2024
BTC hovered well above the 50-day and 200-day EMAs, sending bullish price signals.
A BTC move to the Tuesday high of $69,064 would give the bulls a run at the all-time high of $69,276 and $70,000.
BTC-spot ETF market flows and the US Jobs Report need consideration.
However, a fall below the $66,000 handle could signal a fall toward the $59,176 support level.
The 14-Daily RSI reading, 73.83, shows BTC sitting in overbought territory. Selling pressure may intensify at the Tuesday high of $69,064.
