Bitcoin (BTC/USD) Analysis
Key Highlights
Bitcoin started the new week with positive momentum after the Fed Chairman’s comments. It has struggled to close above the symmetric triangle ($43,300).
Over 480,000 new Bitcoin addresses were created on March 17 – a strong surge which could see further upside.
Technical Analysis
Intraday trend – Bullish
On the daily chart, the pair is trading above Tenken-sen ($39,986), Kijun-sen ($39,828), and above Ichimoku Kumo cloud ($40,238). It hits a high of…
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