{"id":419742,"date":"2022-03-22T10:54:43","date_gmt":"2022-03-22T07:54:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\/"},"modified":"2022-03-22T10:54:43","modified_gmt":"2022-03-22T07:54:43","slug":"bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\/","title":{"rendered":"# Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3f3f2da1b78\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3f3f2da1b78\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\/#%E2%80%9D_Bitcoin_hits_3-week_high_as_fresh_impulse_move_sends_BTC_price_to_433K_%E2%80%9C\" >&#8221; Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\/#RSI_hints_at_underlying_strength\" >RSI hints at underlying strength<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\/#Ethereum_returns_to_3000_in_altcoin_copycat_rally\" >Ethereum returns to $3,000 in altcoin copycat rally<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_hits_3-week_high_as_fresh_impulse_move_sends_BTC_price_to_433K_%E2%80%9C\"><\/span>&#8221; Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/9a70613a-b7db-469e-8c1f-650351666a0e.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"RSI_hints_at_underlying_strength\"><\/span>RSI hints at underlying strength<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>\u00a0showed BTC\/USD reaching $43,337 on Bitstamp Tuesday, the pair&#8217;s highest since March 3.<\/p>\n<p>The action contrasted with the lack of volatility since the weekend, and neatly fitted with the more bullish predictions surrounding near-term trajectory.<\/p>\n<p>For popular trader Crypto Ed, who had previously given $43,000 as a low-timeframe target, all was going to plan.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <br \/>Been showing red box at $43k for a couple of days now&#8230;.<\/p>\n<p>Imagine not watching my YT videos&#8230;..<\/p>\n<p>No need at all to listen to dudes, who like to hear talking themselves for &gt;20mins.<br \/>All you need to know in 3 minutes! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/nsWHyUMaYI\">https:\/\/t.co\/nsWHyUMaYI<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/sj94yjuzhd\">pic.twitter.com\/sj94yjuzhd<\/a><\/p>\n<p>\u2014 Ed_NL (@Crypto_Ed_NL) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Crypto_Ed_NL\/status\/1506136071012335616?ref_src=twsrc%5Etfw\">March 22, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Fellow analyst Matthew Hyland meanwhile <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MatthewHyland_\/status\/1506148978861264899\">eyed<\/a> a potential breakout scenario for Bitcoin&#8217;s relative strength index (RSI) on the daily chart \u2014 a phenomenon which has often preceded price strength.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/d57a8273-7a30-4fee-9c32-ea9d09c70387.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-day chart (Coinbase) with RSI. Source: Matthew Hyland\/ <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<p>&#8220;BTC is a few hundred bucks away from the first higher high we&#8217;ve seen in a long time. Will it h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en?&#8221; crypto market analyst Kevin Svenson <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KevinSvenson_\/status\/1506109694368268291\">added<\/a>.<\/p>\n<p>Bitcoin had already sealed an impressive weekly close Sunday, its highest since early February, and now, macro cues were adding to the positive momentum once again.<\/p>\n<p>Trading was brisk for Asian markets on the day, the Hong Kong Hang Seng index up 3.15% at the time of writing.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Asia unironically max bidding<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a><\/p>\n<p>\u2014 Zhu Su  (@zhusu) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zhusu\/status\/1506107460876087297?ref_src=twsrc%5Etfw\">March 22, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In Europe, however, there was little sign of a knock-on impact, while U.S. futures were likewise trending down prior to the Wall Street open.<\/p>\n<p>The push higher nonetheless did manage to squeeze out some short positions across cryptocurrency, as evidenced by data from on-chain monitoring resource <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>.<\/p>\n<p>Total 24-hour liquidations stood at $168 million at the time of writing.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/c2aa1417-dd14-4e6d-8fe4-59704563b18a.png\"><figcaption style=\"text-align: center;\"><em>Crypto liquidations chart. Source: Coinglass<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Ethereum_returns_to_3000_in_altcoin_copycat_rally\"><\/span>Ethereum returns to $3,000 in altcoin copycat rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On altcoins, the picture likewise turned more rosy overnight.<\/p>\n<p><strong><em>Related:\u00a0Price analysis 3\/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE<\/em><\/strong><\/p>\n<p>The top ten cryptocurrencies by market cap were led by Cardano (ADA), which was 5.8% up in 24 hours to cap weekly gains nearing 20%.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/7e3d5ebd-db85-45a5-b6b3-746ff592d967.png\"><figcaption style=\"text-align: center;\"><em>ADA\/USD 1-day candle chart (Coinbase). Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Other major tokens fared almost as well, including Polkadot (DOT) and XRP.<\/p>\n<p>Ether (ETH), the largest altcoin, tapped $3,000 in step with Bitcoin&#8217;s rally before consolidating immediately under that psychologically significant level.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/c7b393ce-d2f7-4a26-9c77-3f9e03a004ee.png\"><figcaption style=\"text-align: center;\"><em>ETH\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-hits-3-week-high-as-fresh-impulse-move-sends-btc-price-to-43-3k\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K &#8220; Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI hints at underlying strength Data from Cointelegraph Markets Pro and TradingView\u00a0showed BTC\/USD reaching $43,337 on Bitstamp&#8230;<\/p>\n","protected":false},"author":1,"featured_media":419743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvOTBiYmMzNDItNGE5Zi00MDUwLWFjNDktZDNiMThjNDRhNmVmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,82402,74891,73785],"class_list":["post-419742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-ether-price","tag-ethereum","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=419742"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/419743"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=419742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=419742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=419742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}