Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 20, 2026

Wait 5 sec.

Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 20, 2026Bitcoin / U.S. dollarBITSTAMP:BTCUSDTradeSelecterTechnical Analysis and Outlook: Bitcoin demonstrated a false-flag price jump during the trading session this week, surpassing the Key Resistance level of 72,700 and completing the Inner Coin Rally at 73,600. Current market analysis indicates a continued gradual retest around the Mean Support target of 69,300. Should this price action continue, it will result in a breakdown that further drives the prices downwards to the Mean Support levels of 65,900 and 62,800, which could ultimately lead to a retest of the completed Coin Dip level at 60,000. However, there is a significant likelihood that the price will rise to the Mean Resistance 72,000, which would facilitate a retest of the Key Resistance level at 74,900. This rebound may sustain upward momentum towards the completed Inner Coin Rally at 75,500, before advancing to the next Inner Coin Rally target at 78,200.