TradingView data shows that if the price of Bitcoin stays above February’s close of $61,130, the chart could show its seventh straight monthly green candle at the end of March. It would be the first time that Bitcoin’s price went up for seven months in a row. As of March 2021, Bitcoin had gone up 445% from $10,781 to $58,783. That was the last time the Bitcoin chart showed six monthly green candles. After the sixth monthly close in the green, the price of Bitcoin dropped 40% over the next three months, from $58,790 to $35,037.

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.td-social-but-text:before{display:none}.td-post-sharing-style7 .td-social-mail .td-social-but-icon:before,.td-post-sharing-style7 .td-social-digg .td-social-but-icon:before,.td-post-sharing-style7 .td-social-copy_url .td-social-but-icon:before{background-color:rgba(255,255,255,0.2)}.td-post-sharing-style7 .td-social-print .td-social-but-icon:before{background-color:rgba(255,255,255,0.1)}@media (max-width:767px){.td-post-sharing-style1 .td-social-share-text .td-social-but-text,.td-post-sharing-style3 .td-social-share-text .td-social-but-text,.td-post-sharing-style5 .td-social-share-text .td-social-but-text,.td-post-sharing-style14 .td-social-share-text .td-social-but-text,.td-post-sharing-style16 .td-social-share-text .td-social-but-text{display:none!important}}@media (max-width:767px){.td-post-sharing-style2 .td-social-share-text,.td-post-sharing-style4 .td-social-share-text,.td-post-sharing-style6 .td-social-share-text,.td-post-sharing-style7 .td-social-share-text,.td-post-sharing-style15 .td-social-share-text,.td-post-sharing-style17 .td-social-share-text,.td-post-sharing-style18 .td-social-share-text,.td-post-sharing-style19 .td-social-share-text,.td-post-sharing-style20 .td-social-share-text{display:none!important}}FacebookTwitterPinterestWhatsAppTradingView data shows that if the price of Bitcoin stays above February’s close of $61,130, the chart could show its seventh straight monthly green candle at the end of March. It would be the first time that Bitcoin’s price went up for seven months in a row. As of March 2021, Bitcoin had gone up 445% from $10,781 to $58,783. That was the last time the Bitcoin chart showed six monthly green candles. After the sixth monthly close in the green, the price of Bitcoin dropped 40% over the next three months, from $58,790 to $35,037.

Bitcoin’s Latest Trends

As of 4:30 pm UTC, the price of Bitcoin had dropped 6.1% in the past week, to $64,177. The first coin is up more than 25% month-to-month. Crypto analyst Rekt Capital wrote in a March 22 X post that Bitcoin is still in the pre-halving correction zone based on past chart patterns: “Bitcoin is still firmly in the “Danger Zone,” which is where historical Pre-Halving Retraces happen (orange).” So, anything bad could still happen in the 26 days or so until the split.

Dernières tendances du BitcoinÀ 16h30 UTC, le prix du Bitcoin avait chuté de 6,1% la semaine dernière, à 64 177 $. La première pièce est en hausse de plus de 25 % d’un mois à l’autre. L'analyste de crypto Rekt Capital a écrit dans un article du 22 mars que Bitcoin est toujours dans la zone de correction avant la réduction de moitié, sur la base des modèles graphiques passés : « Bitcoin est toujours fermement dans la « zone de danger », qui est l'endroit où se produisent les retraces historiques avant la réduction de moitié ( orange)." Ainsi, quelque chose de grave pourrait encore arriver dans les 26 jours environ précédant la séparation.

People are buying the dip, even though spot BitcoinETFs are selling off more, according to a post on March 22 by Willy Woo, a Bitcoin expert and managing partner at CMCC Crest. Woo wrote: “ETF buyers don’t know what they’re doing. During the first dip, $1.6 billion left ETFs, while $1.1 billion came into the Bitcoin network. What this means is that a lot of self-custody investors bought low.”

Les gens achètent à la baisse, même si les BitcoinETF au comptant se vendent davantage, selon un article du 22 mars de Willy Woo, expert Bitcoin et associé directeur chez CMCC Crest. Woo a écrit : « Les acheteurs d’ETF ne savent pas ce qu’ils font. Lors de la première baisse, 1,6 milliard de dollars ont quitté les ETF, tandis que 1,1 milliard de dollars sont entrés dans le réseau Bitcoin. Cela signifie que de nombreux investisseurs en auto-garde ont acheté à bas prix.