Bitcoin (BTC) Bulls tried to exceed the price above $ 85,000, but the bears kept their land. Diminutive positive is that larger investors seem to accumulate at lower levels.

The research company Santiment said in a post on X that wallets from 10 BTC or more bought about 5000 Bitcoins from March 3. Scientists have added that if the buying by immense players is continued, the second half of March can be much better than the recent Bitcoin performance.

However, not everyone is stubborn in Bitcoins in the near future. Co -founder of Bitmex and investment director of Maelstrom, Arthur Hayes, said in the post on X that Bitcoin could receive 78,000 USD again, and even below USD 75,000.

He added that the Bitcoin price campaign can become violent if it drops in the zone from 70,000 to 75,000 USD, because in this range many open percentage of Bitcoin stuck.

Meanwhile, the tiny -term mood of investors remain bears. According to Coinshares data, products from cryptocurrency exchange (ETP) were witnessed to $ 876 million outflow last week, which is a four -week outflow to $ 4.75 billion. Bitcoin NCPs registered lion’s share of outflows of $ 756 million.

Can Bitcoin start recovering from current levels, pulling higher? Let’s analyze the charts to find out.

S&P 500 index price analysis

The S&P 500 (SPX) index rejected from the 20-day interpretation average movable (5900) on March 3 and broke below 5773 support on March 6, ending a double pattern.

The index reflected from level 5670 on March 7, but the bears successfully defended the level of division 5773. The index rejected and broke down below 5670 support on March 10, opening the door to a decrease to 5400.

Buyers will have to push and maintain a price above 5773 to suggest solid demand at lower levels. The indicator may then raise to a 20-day EMA, which is again expected to act as a sturdy resistance.

Analysis of the price of the American dollar index

The American dollar index (DXY) rejected violently on March 3 and lasted lower, passing below support 105.42 on March 5.

A fall below 105.42 suggests that a breakthrough above 108 could be a trap of a bull. Buyers are trying to defend the level of 103.73, but so facilitate is to be sold at 20-day EMA (106.03).

If the price drops from the current level or 20-day EMA, this will suggest negative moods. This increases the risk of a break below 103.37. If this happens, the index may drop to 101.

Buyers have a task up the hill. They will have to push and maintain a price above 20-day EMA to tidy the rally path to 108.

Bitcoin prices analysis

The price of BTC broke below the symmetrical triangle pattern support line on March 9, which indicates that the sellers overpowered the buyers.

Bulls are trying to defend the support zones from 81,500 to 78 258 USD, but the attempt to recover stood before sales at the failure level of March 10. This suggests that bears are trying to transform the support line into resistance. If the price slips below 78 258 USD, the BTC/USDT pair may collapse to 73 777 USD.

Buyers will probably have other plans. They try to defend the support zone and exceed the price above 20-day EMA (USD 88,605). If they manage to do this, the couple could gather to the resistance line.

Analysis of ether prices

Ether (ETH) fell and closed below the critical support of USD 2111 on March 9, signaling the beginning of the next stage of the tank.

The buyers tried to exceed the price above USD 2111 on March 10, but the long wick on the candlestick suggests solid bear sales. There is a slight support at 1,993 USD, but if the level levels breaks, the ETH/USDT pair may sink to 1750 USD and ultimately to USD 1550.

Related: Ethereum price botttom? USD 1.8 billion in ETH leaves, the largest drain from 2022

Bulls will have to push and maintain a price above the 20-day EMA (USD 2,329) to signal that a break below USD 2111 could be a bear trap. The couple could then accumulate up to the 50-day SMA (USD 2711).

XRP price analysis

XRP (XRP) is still moving towards key support after 2 USD, which suggests that bears are trying to take control.

The break and closing below USD 2 will complement the bears of the head and shoulder pattern. There is a compact support at USD 1.77, but the level will probably be broken. If this happens, the XRP/USDT pair may fall in the direction of $ 1.28.

Related: Will the price of XRP crash again?

In contrast to this assumption, a solid reflection of 2 USD will signal that the bulls vigorously defend this level. 20-day EMA (USD 2.40) will probably act as a inflexible obstacle, but if the bulls win, the couple can reach USD 2.80.

BNB price analysis

Lack of sight BNB (BNB) above 20-day EMA (601 USD) attracted the next sales round on March 9, charging a price below USD 546.

Medium movable down and relative strength indicator (RSI) in the negative zone suggest that the path of the slightest resistance is a disadvantage. If the price maintains below USD 546, the BNB/USDT pair may drop to USD 500. The buyers are expected to aggressively defend the zone from 500 to 460 USD.

20-day EMA is the first significant resistance to be careful of the advantage. If this level is removed, the pair may raise to the 50-day SMA (USD 633). Closing above the 50-day SMA signals a short-term trend change.

Solana price analysis

Solana (SOL) burst below the height line on March 9 and reached a sturdy support zone between 120 and 110 USD.

Bulls is expected to interest the support zone, but the facilitate rally may face the 20-day EMA (USD 150). If the price drops rapidly from the 20-day EMA, the level of 110 USD will be exposed to breakdown. If this happens, the Sol/USDT pair may drop to $ 100, and then to USD 80.

Instead, if the price increases from the current level and breaks above 20-day EMA, it suggests a solid purchase near the support zone. The couple could then climb to the 50-day SMA (USD 188).

Dogecoin price analysis

Dogecoin (Doge) fell below the support of 0.18 USD on March 9, which indicates the resumption of the tank.

Medium movable down and RSI on the deduction territory suggest that bears have an advantage. The 20-day EMA (0.21 USD) is a critical resistance to the overall level of consideration. If the price drops rapidly from the 20-day EMA, the Doge/USDT pair may sink to 0.14 USD.

Alternatively, a break and closing above 20-day EMA will be the first sign that sales pressure is decreasing. The couple can climb the 50-day SMA (0.26 USD), which can also act as a stiff resistance.

Cardano price analysis

Cardano (ADA) fell below the average traffic on March 8, which indicates the aggressive sales of the Bear.

Both average movable ones began to reject, and RSI slipped into a negative territory, which indicates that the bears have a slight advantage. The support in the minus is 0.58 USD, followed by 0.50 USD.

Any rally with relief can be sales with moving average. Buyers will have to push and keep the price above the average traffic to signal the return. The ADA/USDT pair may then raise in the direction of $ 1.02.

PI price analysis

PI (PI) fell to the level of weight loss of Fibonacci in the amount of USD 61.8 of $ 1.20, on March 9, which indicates that the bears maintained pressure.

Buyers try to start recovery, but the long wick at the candles on March 10 shows sales at higher levels. This increases the risk of a break below USD 1.20. If this happens, the PI/USDT pair may drop to the level of recovery 78.6% 0.72 USD.

Bulls is exhausted. To prevent a greater minus, they will have to quickly exceed the price above the resistance of general costs in the amount of USD 2. If they do this, he suggests that the correction may end.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.