Written By: ChartChamp
March 14, 2024
$BTC has been trading sideways as the markets wait for more inflation and retail sales data today. Inflation data came in hot again, and this time BTC is dropping. However, there is still support building along this green trendline, and BTC has made slow progress towards the yellow resistance line around $76k. BTC is trending down and I would monitor $71k for a rebound.
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There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
Read More
There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
Read More