Price analysis 3/28: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON

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29 Mar 2024
25

. While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

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Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

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In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

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In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.While GBTC outflows remained significant at $350 million, per data from United Kingdom-based investment firm Farside, BTC/USD managed to shrug off any barriers to the upside.

Advertisement

Explore the History of Crypto unlike never before with Cointelegraph's new interactive timeline — powered by Phemex

Ad

In a characteristically optimistic outlook on what might be to come, popular trader and analyst Matthew Hyland thus saw the path toward six-figure BTC price territory reopening.
“If this turns into the clearing of this final area for Bitcoin then increased likelihood of a run up to $100k is incoming,” he told X followers.
Previously, Hyland revealed a reset on a classic BTC price metric to levels that last occurred when Bitcoin traded at $40,000 in late January.
Daily relative strength index (RSI) values flushing below the key 50 level on March 20, he subsequently concluded, had been a “good signal” for the rebound.
Daily RSI stood at just above 60 at the time of writing — still below classic bull market territory above 70.
BTC/USD 1-day chart with RSI. Source: TradingView

Trader cool on Bitcoin futures gap

Considering the chances of downside, meanwhile, fellow analyst Mark Cullen acknowledged the presence of “gaps” in CME Group Bitcoin futures markets.
Related: Why is Bitcoin price up today?
As Cointelegraph reported, these often act as near-term BTC price targets, and one left at the weekend below $64,000 remains unfilled.
“Another option for $BTC, after filling the upper CME gap, now fill the lower and consolidate in a triangle before pushing higher,” Cullen suggested.

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