Market Updates

Intraday: Bitcoin Keeps $43,000 Level


TC Analysts


March 24, 2022

Bitcoin is showing signs of success in securing the $43,000 level.

Meanwhile, the central bank of Honduras clarified on Wednesday that the Latin American country has NO plans to make Bitcoin a legal tender, which had been rumored on social media.

Bitcoin's 24-hour news volume is 8.4% lower than the 7-day average. The Sentiment Score* is "Negative" at -0.09, according to Trading Central Market Buzz.

According to Trading Central Technical Views, as long as the level of $41,820 is holding as the key support, Bitcoin should hold a bullish intraday bias, with the first upside target located at $44,350.

*Sentiment Score indicates how the crowd feels about a financial instrument ranging from “very negative” (-1) to “very positive” (+1).

Source : Trading Central Market Buzz, Trading Central Technical Views

The investment ideas presented here are for information only.  They do not constitute advice or a recommendation by Trading Central in respect of the investment in financial instruments. Investors should conduct further research before investing. Learn more.

TC Analysts

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