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\n\t\t\t\t\t\t\t\t\tBitcoin prices have reached their highest level since early February in a crypto market relief rally as analysts eye $80,000.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
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<\/blockquote>\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<\/blockquote>\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<\/blockquote>\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 LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
Positive Signals From Technical Indicators<\/h2>\n
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