Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending.
Derive founder Nick Forster told Cointelegraph that the current pullback is a normal correction that Bitcoin experiences during long-term rallies. He anticipates that Bitcoin’s cycle peak is yet to come
source: https://cointelegraph.com/news/price-analysis-3-19-btc-eth-xrp-bnb-sol-ada-doge-link-leo-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound