Bitcoin Price Prediction $BTC
Bitcoin (BTC/USD) rose significantly to $70,355 on March 27, surpassing key technical levels. It currently stands above the $69,263 pivot point, signaling a strong bullish trend, and is supported by immediate resistance at $71,693, $73,854, and $75,826.
If BTC holds above $69,265, the upward momentum is expected to continue. Conversely, a break below this threshold could trigger a sell-off with support at $67,427, $65,263, and $62,699.
The relative strength index (RSI) of 60, coupled with the 50-day SMA of $67,403, further reinforces BTC’s near-term bullish outlook.