Bitcoin (BTC) Price Prediction for March 24

Will Bitcoin‘s Bull Run Continue? ๐Ÿค”
Bitcoin (<a href="https://pricpr.com/btc-usd/">BTC</a>) Price Prediction for March 24

Another week, another chance for the bulls to show off their dominance. Or, as I like to call it, another week of people losing their shirts on Bitcoin. ๐Ÿ˜‚

BTC/USD: The Never-Ending Story

The price of Bitcoin (BTC) has managed to rise by 3.12% over the last 24 hours. Because, of course, it has. It’s not like it’s a Ponzi scheme or anything. ๐Ÿค‘

On the hourly chart, the rate of BTC is about to test the local resistance of $87,898. Because, you know, resistance is just a fancy way of saying “we don’t want to go there.” ๐Ÿšซ

On the bigger time frame, one should focus on the candle’s closure in terms of the $86,990 level. Because, you know, a candle in the wind is just like a Bitcoin price prediction – unpredictable. ๐ŸŒฌ๏ธ

If the daily bar closes above it and with no long wick, the accumulated energy might be enough for a test of the $90,000-$92,000 area. Or, you know, it might just collapse like a house of cards. ๐Ÿ“‰

From the midterm point of view, the price of the main crypto is rising after the previous bullish candle’s closure. But don’t get too excited, folks. This is just a temporary reprieve before the inevitable crash. ๐ŸŽ‰

Bitcoin is trading at $87,814 at press time. Because, of course, it is. It’s not like it’s a bubble waiting to burst or anything. ๐ŸŽˆ

And so, the game continues. Will Bitcoin’s bull run continue? Only time (and a healthy dose of skepticism) will tell. ๐Ÿ•ฐ๏ธ

Read More

2025-03-24 18:58