Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Bitcoin price meets decisive RSI setup
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength during weekend trading.
Up 1.5% on the day, Bitcoin edged higher as part of a broad crypto market uptick, which also lifted various major altcoins.
“I think this next week will be telling where the market wants to head for the next higher timeframe move,” popular trader Daan Crypto Trades wrote in part of his latest X analysis, noting the closing position of CME Group’s Bitcoin futures.
BTC/USD 15-minute chart. Source: Daan Crypto Trades/X
The post echoed the broader market sentiment as traders eyed the potential for a fresh push higher into the monthly close.
Popular trader and