Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel

March 19 Bitcoin Update – An Important Trendline to Monitor

$BTC has started to breakdown and is having a bearish week so far. I have this very important white trendline for BTC, which gives a price target around $55k for support. However, I think the best entry for going long on Bitcoin is below the white trendline, marked by the light blue circle. This gives a price target around $45k. This could be the potential bottom for the correction, and could be the buying opportunity for Altcoins. These are my preliminary thoughts for now, we’ll see how things are trending over the next few weeks.

ChartChamp socials: https://linktr.ee/realchartchamp

Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

ETH Slow Progress Towards the Orange Trendline

ETH has remained above the green support zone for the past few days. However, there has been a very little upside and slow progress to the upside. I have the orange trendline as a first key resistance target to monitor on the way up. ChartChamp socials: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

BTC Stalling Around $67k

BTC still has some more room to climb up, but the price has been slightly bearish and neutral around $67k. I would monitor for some more upside over the next few days to reach the upper end of the bull pennant around $68.5k. The price target has slightly decreased because BTC the trendline is sloped […]

Read More
Default Thumbnail

ETH – Orange Trendline and Light Blue Resistance Zone

ETH has been trending up nicely as well. I have the orange trendline and light blue zone as key resistance targets ahead. ChartChamp socials: https://linktr.ee/realchartchamp

Read More