Bitcoin dips 3.6% from weekly highs — What are the key BTC price levels to watch?

Bitcoin (BTC) threatened a significant retracement overnight into March 23 as weekly highs saw their first test.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

BTC misses out on “very bullish” daily close

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping from a peak of $43,337 to lows of $41,779 on Bitstamp before recovering.

At the time of writing, the pair traded at around $42,300 — still $1,000 off the highs.

Enthusiasm had been clearly in evidence…


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