Bitcoin (BTC) starts a new week facing fresh macro risks as gold plummets and traders wait for $50,000.
- BTC price action ends the week below a key trend line, and traders see little more than an early-week bounce for bulls.
- Price looks more and more like it is repeating January’s bear flag — and targets now call for new multiyear lows.
- Gold enters a technical bear market and oil returns to $100 as Iran tensions continue.
- Traders start to consider Fed rate hikes in 2026, but history could still offer risk assets some relief.
- Bitcoin’s long-term holders have been selling at a loss throughout March.
Bitcoin weekly close loses 200-week trend line
After a rough weekend, Bitcoin struggled to reclaim support as TradFi traders returned to start the week.
Data from TradingView shows price dipping…
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Source cointelegraph.com
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