👀 Bitcoin Revival Incoming? Mark this Date! |14 March 26|

Welcome back to

BULL MARKET BYTES

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Your byte of cryptocurrency insight where our 5-minute read could save you a lifetime of regret . . .

Yeah, it’s that serious haha! 😅

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin’s Daily Movement 

• What to Anticipate Next 

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines 

📊 OUR BOLD PREDICTION

There seems to be some type of “doom and gloom” every time we take a look at the news nowadays.

With our attention diverted from crypto to world events, Bitcoin has been slowly recovering in the background . . .

It may be hard to believe but there is still a great interest in Bitcoin . . . and major businesses are buying it “on the cheap.”

Did you sell your holdings during the “Great Selloff,” or did your diamond hands save you from a lifetime of regret?

📊 KEY STATISTICS

• Overall Market Capitalization = $2.42T

  • (90B increase since last Saturday)

• Bitcoin Market Capitalization = $1.42T

  • (60B increase since last Saturday)

• Bitcoin’s ROI in March = +5.66%

📊 BITCOIN’S DAILY MOVEMENT

The month of March is shaping up to potentially save Bitcoin . . .

After 5 months straight of a negative return and being blinded by all of the red on our computer screen, it is a relief to see some green along the way haha!

Bitcoin has the potential to continue making a strong move in March, but we have one major obstacle in the way . . . $73,619.30!

Taking a look at the chart above, we see that Bitcoin hit $73,619.30 and was immediately rejected!

Believe it or not, this is the same resistance level that we witnessed on 29 October 2024 . . . funny how that works haha!

As Bitcoin follows ascending support, we are now focusing on the magical date where support and resistance converge . ..

📅 The 16th of March!

If Bitcoin breaks above $71,741.45 by this date, we are expecting another test against major resistance at $73,619.30 by the 20th of March! Yay!

With that said, we may even have more good news . . . or potentially bad haha. Check it out below in our “What to Anticipate” section!

🧠 MARKET PSYCHOLOGY

As March sits at +5.66% for Bitcoin, we see this reflect in the overall bullish and bearish behavior in the market.

We are proud to announce that the bulls have a majority! Well, for the time being haha.

Everyone is well aware that the market can flip in a heartbeat, but it does the soul good to see the bulls in control!

As of now, bullish traders make up 50.85% of the market while bearish traders make up 49.15%.

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🔮 WHAT TO ANTICIPATE

As stated in last Saturday’s newsletter:

Thankfully Bitcoin reengaged with $71,741.45.

Even so, Bitcoin moving in an upward pattern does not mean that we have escaped the bear market!

It is imperative that Bitcoin continue to make strides through breaking resistance, even if it is shot down like me asking my crush in high school to the prom haha.

📈 BULLISH SCENARIO

Bitcoin is holding a strong upward support line. If Bitcoin can continue to hold this level, we need to see how it reacts on the 16th of March.

On top of that, another push upwards would result in a cup and handle formation completing which gives us confidence that $73,619.30 could finally break!

As we have seen, current world news is playing a major factor in Bitcoin’s movement so all we need is the right social media post to get us there haha.

📉 BEARISH SCENARIO

When it comes to Bitcoin’s upward movement, a lot is riding on the 16th of March.

So, what if Bitcoin is unsuccessful when this date rolls around?

All eyes are on ~$70,000 as a minor support area and then ~$65,000 to hopefully catch the price from going into a freefall.

$60,028.03 is our final major support before Bitcoin plummets so it is important this area does not break!

Even though this is ~$10,000 away, with how quick Bitcoin moves that could be a scary reality overnight.

👀 WATCH FOR THIS NEXT

Two major things on our mind . . . If Bitcoin continues to slowly move up in price and how it reacts on the 16th of March.

Granted, Bitcoin could always make a drastic move tomorrow, but the conversion of support and resistance is imperative to watch.

🧠 OUR OVERALL THOUGHTS

With a current bullish pattern of a cup and handle formation along with an ascending support line, we can’t complain.

We are definitely in a bearish market, but that doesn’t mean that Bitcoin must plummet to $1 along the way.

The 16th of March will show us if Bitcoin wants to break above $71,741.45 and the 20th of March to see if $73,619.30 finally breaks.

If the latter occurs, it needs to convert from resistance to support but that may be asking too much in a bear market haha.

Be safe out there and may the bull guide you well!

BULL MARKET BULLETIN 📌

$50 Million Spent in a Single Transaction Fee! Imagine trying to swap $50 million and ending up with $50,000 . . . yeah, it happened . . .

Gold is Not a Store of Value Anymore? Is it time for gold to take a backseat and let Bitcoin shine?

BULLISH OR BULLSH*T? 🤔

🤝 Your opinion matters (we promise)! Give us a rating below and tell us what rocked, what flopped, and what we should charge at next!