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March 21 Bitcoin Update – BTC Breaks the Orange Resistance Line

Written By: ChartChamp

March 21, 2024

Bitcoin had a bullish rebound from the yellow support line, and we got a nicely timed entry for this crypto market dip for ETH and ALTS. There was an orange resistance line suppressing BTC’s price on the way down, and $BTC had a breakout above this orange resistance line yesterday. Today we are seeing a pullback, but I think BTC is holding up pretty well above $66.5k. There is the possibility of retesting the orange trendline as support around $64,8k. But for now BTC is holding up pretty well at current price levels, and there are some key resistance levels ahead. The first is a red resistance zone between $68.5k and $69.7k, the second is a light blue resistance line at $72.6k. These are my key levels to trade around within this range.

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