Price predictions 3/6: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR
Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
Key points:
Analysts believe that Bitcoin will have to stay above the $68,000 level to continue its recovery.
Several major altcoins have turned down from their overhead resistance levels, indicating that bears remain in control.