Bitcoin prices tapped $76,000 on Coinbase in early trading on Tuesday morning, according to TradingView. It is the highest the asset has traded since the Feb. 6 crash.<\/p>\n
Bitcoin did it. It just closed the daily candle above the $74,500 April 2025 low, said<\/a> analyst \u2018Sykodelic\u2019 on Tuesday. \u201cTo me, this daily close is a signal that the market wants higher,\u201d they added.<\/p>\n \u201cHold at these levels for a little longer, and $80k should come in short order. Acceptance back inside the $72k range, and we should expect lower levels again.\u201d<\/p>\n \u201cWe have lift-off. Breakout move has begun. Early stages,\u201d said<\/a> analyst \u2018Colin.\u2019<\/p>\n He guessed the height of the potential relief rally would be $80,600, which is a retest of the November 2025 lows with a broader range between $79,000 and $86,000 for a relief rally top.<\/p>\n CryptoQuant analyst Julio Moreno observed<\/a> that Bitcoin\u2019s Inter-Exchange Flow Pulse (IFP) has recently flipped back into bullish territory.<\/p>\n This technical indicator has historically \u201cmarked important transitions in market structure, particularly after prolonged periods of suppressed liquidity rotation between exchanges,\u201d he said.<\/p>\n \u201cIn practical terms, the signal suggests that liquidity mobility inside the exchange network is increasing again, a condition typically associated with early expansion phases of market cycles.\u201d<\/p>\n Meanwhile, \u2018Daan Crypto Trades\u2019 said there was \u201cgood confluence\u201d over at the $83,000 to $84,000 level with both the Bull Market Support band and the big CME gap there. However, the 200-week EMA is still serving as support around $68,000.<\/p>\n $BTC<\/a> Good confluence over at the ~$83K-$84K level with both the Bull Market Support band and the big CME gap.<\/p>\n Think that\u2019s a good level to watch in the week(s) ahead. To see where price meets the band and how it reacts around it.<\/p>\n On the downside the Weekly 200MA\/EMA have held\u2026 pic.twitter.com\/eFa4wvcDxO<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) March 16, 2026<\/a><\/p>\n\n Bitcoin is starting to show signs of being \u201cgoing against the grain of history by successfully weekly closing above the 200-week EMA,\u201d said<\/a> Rekt Capital. However, there\u2019s also a chance that Bitcoin could \u201csimply meander in and around the 200-week EMA for a while,\u201d he added.<\/p>\n Bitcoin had cooled slightly and was trading at $74,300 at the time of writing, up 9% over the past seven days. Ethereum was also getting a long-overdue lift, surging<\/a> more than 8% on the day to reach $2,380 before a minor pullback. ETH has gained a whopping 17% over the past seven days.<\/p>\n Altcoins were having their best day in weeks with big gains for XRP, Cardano, Stellar, and Zcash.\u00a0Meanwhile, the total market cap had reached $2.65 trillion, its highest level since Feb. 4.<\/p>\n The post Bitcoin Surges to Six-Week High as Bulls Eye $80K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin prices tapped $76,000 on Coinbase in early trading on Tuesday morning, according to TradingView. It is the highest the asset has traded since the Feb. 6 crash. Bitcoin did it. It just closed the daily candle above the $74,500 April 2025 low, said analyst \u2018Sykodelic\u2019 on Tuesday. \u201cTo me, this daily close is a […]<\/p>\n","protected":false},"author":0,"featured_media":142631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-142630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142630"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142630"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/142631"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Positive Signals From Technical Indicators<\/h2>\n
Elsewhere on Crypto Markets<\/h2>\n