🎙️ BTC Analysis from March 17, 2026: Weekly Review and Key Levels
Hi everyone! A fresh look at the $BTC situation. Let’s break down step by step what’s happening and where we’re headed this week. Pay close attention—there will be many important details.
📈 Technical Picture and Volumes
I’ll start with the 4-hour timeframe. Look closely at the upward movement and the volumes. Currently, they are lower than during the previous rally, when we were heavily pressured and sold off. This is a key point—just keep it in mind.
Now let’s move to the 1-hour timeframe. The picture is similar, but there’s a nuance. We’re back at the top, and a small divergence (price vs. indicators) is visible. What does this indicate? Even if we rise a bit further, a local correction is expected—not a crash, but a correction. After that, we’ll see whether we continue upward or reverse.
Overall context:
· Stocks are stagnant.
· Oil and gold are also in a sideways range.
· The market, as they say, is “not breathing” or barely breathing.
📊 Current Trends and Weekly Targets
· Trend lines: The broken trend lines are no longer relevant. Now, priority is given to lower support zones.
· Resistance zone: The one I previously marked was broken on Sunday-Monday. This opens the path further upward.
· Key level to confirm strength: $73,500. As long as we hold above it, we’ll attempt to push further.
The main resistance zone now: $75,000 – $76,000. My maximum targets for this week extend up to $80,000, but understand this is a wide range. Given volatility, focus on $74,000 – $78,000.
Near-term support zones:
1. $71,000 – $72,000 (local).
2. $69,000 – $67,000 (primary support zone within the sideways trend).
3. $63,000 – $60,000 (target in case of a deep drop—the key historical minimum).
🎯 Weekly Scenarios and What We’re Modeling
1. Positive (base) scenario: We hold above $73,500, correct from either $75,000 – $76,000 or $71,000 – $72,000 levels, but remain above $71,000 and move higher toward $80,000.
2. Negative scenario: If the support zone at $69,000 – $67,000 is broken, we’ll test $63,000 – $60,000, where very strong support is expected and a rebound is likely.
Conclusion: The main trading range for this week is approximately $67,000 – $80,000. Within it, key levels are: $71,000, $73,500, and the zone $75,000 – $78,000. May all your trades be profitable! Stay attentive and monitor volumes.
