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Crypto Technical Analysis: Lack of Market Interest Becomes More Evident

From forex.com

The first week of March comes to an end, and with it the recent lack of activity in the cryptocurrency market has become increasingly evident. Major cryptocurrencies have begun to show mixed behavior, without a clearly defined direction in the short term. Although Bitcoin, as the market’s reference index, managed at one point to break above the $70,000 level, it has since shown renewed weakness and closes the week below that threshold. This highlights that the lack of consistent strength is not limited to Bitcoin but is also visible across the broader crypto market. As long as concrete moves and sustained breakouts ... (full story)

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  • Category: Technical Analysis