- A building bearish momentum is currently testing the lower trendline of the channel.
- Bitcoin technical levels remain strongly positive.
BTC/USD is currently extending gains above $4,100. Like predicted last week, a sustained correction above $4,100 meant that Bitcoin would close March in the bullish as it did. Since the side at the beginning of last week that sent Bitcoin towards $3,850 but there was a correction between within the rising channel as seen on the hourly chart.