👀 Bitcoin Looks Promising in March - Here's Why! |7 March 26|

Welcome back to

BULL MARKET BYTES

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Your byte of cryptocurrency insight where the world seems to be going to hell in a handbasket . . .

Yet Bitcoin moves higher . . . so, maybe it isn’t as bad as we think? 😅

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin’s Daily Movement 

• What to Anticipate Next 

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines 

📊 OUR BOLD PREDICTION

With February closing the month at -14.94%, we can chalk that month up as a loss and move on . . .

March, on the other hand, currently sits at +1.85% which could only be the beginning!

Dare we say that the 5-month negative Bitcoin ROI streak may be coming to a close?!

We like to think that Bitcoin to $80,000 could be closer than we think!

📊 KEY STATISTICS

• Overall Market Capitalization = $2.33T

  • (50B increase since last Saturday)

• Bitcoin Market Capitalization = $1.36T

  • (50B increase since last Saturday)

• Bitcoin’s ROI in March = +1.85%

📊 BITCOIN’S DAILY MOVEMENT

Welcome to the month of March . . . and the way that Bitcoin is moving, I haven’t been this excited since my portfolio was actually green . . . many moons ago haha!

So, we have some good news! Bitcoin broke above the bearish descending triangle formation!

On top of that, the bear flag formation and bearish pennant that we were staring us in the face has been eliminated!

Now the question on our mind. Are we in the clear yet?

Taking a look at the chart above, there are a couple interesting things that we need to keep in mind.

Bitcoin’s price is being held down by major resistance at $73,619.30.

The other thing. As Bitcoin was rejected severely; it could easily slip back to where it was before it tested resistance at $71,741.45 and $73,619.30.

Ready for the good news? Bitcoin was at this exact level in November of 2024 before it rocketed to a new all-time high.

Now, we are not saying that this will occur tomorrow, but what we will say is you need to check out our “What to Anticipate” section below for more haha!

🧠 MARKET PSYCHOLOGY

We in the crypto community are very thankful for this recent spike in Bitcoin’s price, but the recent bearish pressure is showing in the market.

What we need is an addition spike in momentum to re-test resistance and bring more bulls on board. Time is a tickin’!

As of now, bullish traders are 48.79% of the market while bearish traders are 51.21%.

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🔮 WHAT TO ANTICIPATE

As stated last Saturday:

We had this same issue even when Bitcoin was setting new all-time high prices throughout 2025.

Just because an upward spike in price occurs, it does not mean anything if it is immediately shot back down afterwards!

We want the momentum but also need a price confirmation!

📈 BULLISH SCENARIO

It is imperative, we repeat, imperative that Bitcoin attempt to break resistance again at $71,741.45 within this upcoming week.

If there is not a re-attack towards this major resistance, then we will lose bullish momentum and head back to $65,000 easily!

If $71,741.45 is broken, Bitcoin will convert this area from resistance to support.

This would put us one step closer in the right direction of Bitcoin pursuing $80,000 and we know all of our portfolios need this!

📉 BEARISH SCENARIO

We wish that there wasn’t a bearish scenario, but here we go . . .

If Bitcoin does not pursue major resistance at $71,741.45 within the upcoming week, we foresee a draw down in price to at least $65,000 . . . at least!

This recent momentum could be a “bull trap.”

This is when the market is manipulated to go up in value, just because a group of traders want to sell at a higher price before crashing the price back down.

With the last 4 candlesticks, this is definitely a possibility that we hope isn’t true haha!

👀 WATCH FOR THIS NEXT

We don’t need to wait that long as the current candlestick is going to show us more than we need to know!

If this current candlestick falls below the bottom of the one to its left, we may be in a world of hurt, to say the least.

This would show us that all of the recent bullish momentum was for not and the price will execute a nosedive off the 30-foot diving board!

🧠 OUR OVERALL THOUGHTS

There is no doubt that we are in a bearish market.

Yes, Bitcoin’s price continues to fluctuate but it does not eliminate the fact that we are confident that a new all-time high is still quite far down the road.

Cryptocurrency is volatile and it is imperative to do thorough research before starting a position as price fluctuates can drive anyone mad!

Happened to me years ago . . . haha!

We believe that March can initiate a turning point in the market, but we need more momentum before we even start thinking about $100,000 again.

Until next time, be safe out there, and may the bull guide you well . . .

BULL MARKET BULLETIN 📌

$80,000 - The Next Target for Bitcoin Bulls? The crypto community remains optimistic and eyes $80,000 . . . at least point, just stay above $60,000 haha!

Time for Bitcoin to Out-Perform Gold? Attention turns to Bitcoin to reach $1 million by 2030 and pursue gold’s overall market capitalization!

BULLISH OR BULLSH*T? 🤔

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