Cardano price could be approaching a key inflection point after a prolonged 
correction, according to crypto analyst Dan Gambardello, who argues that macro 
liquidity cycles and technical indicators resemble conditions that preceded 
the asset’s historic 2020–2021 rally. In a recent…

Cardano price prediction as ADA sets up pattern that led to 17,414% rally in 2020–2021

Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 
mark. However, an analyst has warned that the bear market is expected to 
continue and that the latest bounce could be short-lived. Related Reading: 
Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 
37% Breakdown Bitcoin Eyes Reclaim Of Former All-Time High Resistance On 
Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area, 
retesting this key level for the second time in a week before momentarily 
retracing toward the $69,000 level. The cryptocurrency has been trading 
between the $63,000-$71,000 price range over the past month, briefly surging 
above the upper boundary during last week’s market bounce. However, BTC’s 
price has failed to hold its multiple breakout attempts amid the market 
volatility. In a Monday analysis, market watcher Rekt Capital observed that 
Bitcoin is interacting with two key levels that form “an important overhead 
resistance”: the 2021 and 2024 all-time highs (ATHs) at $69,000 and $71,300, 
respectively. As the analyst explained, these levels turned into resistance in 
the monthly timeframe after the flagship cryptocurrency closed February at 
$66,970. Since then, BTC has repeatedly tested these key levels from below in 
the daily timeframe but has failed to reclaim them. Instead, it has produced 
upside wicks above $69,000 and $71,300, signaling that the former ATHs are 
acting as rejection levels in shorter timeframes and could become key 
resistance if it monthly closes below them. “For Bitcoin to begin shifting 
this structure, price would need to Monthly Close above $69,000 by the end of 
March to position itself for a reclaim of the 2021 All Time High as support,” 
the analyst asserted. “Similarly, the 2024 All Time High at $71,300 would 
likely require multiple Monthly Closes above the level in order to properly 
establish a reclaim process,” he added. BTC Bounce To Be Short-Lived? While 
the former ATHs risk turning into resistance, Rekt Capital noted that Bitcoin 
is currently finding crucial support at the 50-month Moving Average (MA), 
around the $64,000-$65,000 area. Historically, the flagship crypto has 
initially reacted from this level in bear markets, but eventually loses it as 
support. The recent bounce from the 50-month MA is enabling BTC to test the 
2021 and 2024 ATHs as resistance “for the time being.” However, once the 
breakdown occurs, the level usually becomes a new resistance before further 
downside continuation follows. Now, “Bitcoin is effectively sandwiched between 
two key reactive zones,” he affirmed, which could lead to short-term relief 
before the mid-term downside continues. Related Reading: Hyperliquid Traders 
Rise in Arms as Bitcoin Hits 7-Day Low And Oil Soars The analyst also observed 
that BTC appears to be only halfway through the bear market, leaving the door 
open for further downside. In an X post, he noted that BTC’s shortest bear 
market lasted around 365 days, while it is currently just over 150 days into 
the current one. Other analysts have suggested that the cryptocurrency could 
follow the 2022 cycle playbook. At the time, the price significantly retraced 
from the cycle peak, consolidated for months, and then had a final bull trap 
before its second major correction wave toward the market bottom. As of this 
writing, Bitcoin trades at $71,307, a 3% increase in the daily timeframe. 
Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?

Tokenized real-world assets have surged 66% in 2026, with funds, gold and 
equities driving growth across public blockchains.

Tokenized assets climb to $23.6B as investors seek always-on markets

XRP price has been forming a major bullish reversal pattern over the past 
three weeks. If confirmed, it could lead to a sharp rebound in the token’s 
price. According to data from crypto.news, XRP (XRP) price fell 4% to $1.38…

XRP price forms key bullish reversal pattern as weighted funding rate turns negative

Societe Generale-FORGE expands its multichain strategy by launching the EUR- 
backed EUR Coinvertible stablecoin on the Stellar blockchain to enhance retail 
and business accessibility. Societe Generale-FORGE announced the deployment of 
its Markets in Crypto-Assets (MiCA) compliant stablecoin, EUR Coinvertible, on 
the Stellar network as of March 10, 2026. This launch follows previous 
integrations on Ethereum, Solana, […]

Cryptocurrency price in GBP