BTC price forecast for March 27

The correction of the cryptocurrency market, with which the weekend began, will continue on Sunday.

The exchange rate of bitcoins in the currency pair with USD decreased by 1% per day. This can be seen on the daily chart provided by the TradingView service:

 

 

During trading on the evening of March 25, Bitcoin failed to reach $45,000. The cryptocurrency traded at $44.7 thousand. Support was found at $44,000. If bull traders can hold their positions, further growth is possible on Sunday.

 

 

The resistance for the cryptocurrency is the level of $45.85 thousand. If on March 27, 2022, the cryptocurrency can withstand the onslaught of sellers and trades in the range between $44 - $44.5 thousand, then a break above $45 thousand is possible next week.

 

 

Overall, Bitcoin's weekly results point to a bull market. Ahead is the capture and retention of an important level of $44.77 thousand. If trading volumes do not decrease, then analysts predict a rise in bitcoin to $50 thousand by the middle of next month.

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