Bitcoin pushes up from 200-day MA

Crypto market capitalisation rose 3.2% in the last 24 hours to $2.86 trillion, the highest in two and a half weeks. The climb intensified on Sunday and accelerated early in the day on Monday. Technically, the market remains below its 200-day moving average, but the battle for the long-term trend could be the main event on Monday.

Bitcoin appears to have already won that battle of its own, pushing off its 200-day on Sunday and gaining ground on Monday. Prices at $87K repeat last week's peaks. In our view, the bulls defended the long-term uptrend, although the price spent a long time below the key curve. Among the short-term benchmarks for buyers, we highlight $90K, where the significant round mark and the 50-day average are combined.

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#Shorts

#Gold: targeting $3100

Dow Jones Wave Analysis – 24 March 2025

Dow Jones: ⬆️ Buy

- Dow Jones reversed from support zone

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USDJPY Wave Analysis – 24 March 2025

- USDJPY broke the resistance zone

- Likely to rise to the resistance level 151.35

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🗓 Economic Calendar at 2025/03/25 (GMT)

09:00 🇩🇪 Ifo Business Climate — Exp: 86.8 Actual: 86.7

09:00 🇩🇪 IFO - Current Assessment — Exp: 85.5 Actual: 85.7

09:00 🇩🇪 IFO - Expectations — Exp: 87.9 Actual: 87.7

12:40 🇺🇸 FOMC Member Adriana D. Kugler Speaks

13:00 🇺🇸 S&P/Case-Shiller 20 City — Exp: 4.6% Actual: 4.7%

13:05 🇺🇸 FOMC Member John C. Williams Speaks

14:00 🇺🇸 ⚡️ CB Consumer Confidence — Exp: 94.2 Actual: 92.9

14:00 🇺🇸 New Home Sales — Exp: 682K Actual: 676K | 1.8%


[Updated in real time]

Brent crude oil Wave Analysis – 24 March 2025

Brent crude oil: ⬆️ Buy

- Brent crude oil broke resistance zone

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Amazon Wave Analysis – 24 March 2025

- Amazon reversed from the support zone

- Likely to rise to the resistance level 210.00

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Crypto market prepares to storm the trend line

The crypto market is losing slightly early Tuesday afternoon, cutting the gains of the past seven days to 4.4%. Acting on classic market trends, selling pressure intensified on the approach to the 200-day moving average near $2.90 trillion. A dip under that curve intensified selling in early March, but the market has generally held near that line and is now storming it.

Success could whet the appetite of doubters, validating the continuation of the cryptocurrency bull market.

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US Consumers Lose Confidence Over Trade Tariffs 

Fears of tariff wars have pushed consumer confidence to a four-year low. The Consumer Confidence Index fell 7.2 points to 92.9 in March, the lowest since March 2021. Expectations fell to a 12-year low of 65.2. The Conference Board notes that the 80 level is typically seen as a recession threshold. According to this metric, America is heading into or already in a recession.

It's interesting how the indicator, which spiked after Trump's election victory and is now falling as the president-elect fulfils his campaign promises, has evolved.

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Gold Wave Analysis – 25 March 2025

- Gold reversed from support zone

- Likely to rise to the resistance level 3060.00

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🗓 Economic Calendar at 2025/03/26 (GMT)

00:30 🇦🇺 ⚡️ Consumer Price Index — Exp: 2.5% Actual: 2.4%

07:00 🇬🇧 ⚡️ Consumer Price Index — Exp: 0.5% | 2.9% Actual: 0.4% | 2.8%

07:00 🇬🇧 Core CPI — Exp: 3.6% Actual: 3.5%

07:00 🇬🇧 Retail Price Index — Exp: 0.8% | 3.6% Actual: 0.6% | 3.4%

07:00 🇬🇧 Producer Price Index Input

11:00 🇬🇧 ⚡️ Annual Budget Release

12:30 🇺🇸 Durable Goods Orders — Exp: -1.1% | 0.2% Actual: 0.9% | 0.7%

14:30 🇺🇸 Crude Oil Inventories — Exp: 1500K Actual: -3341K

17:30 🇨🇦 Summary of Deliberations


[Updated in real time]

Nasdaq-100 Wave Analysis – 25 March 2025

- Nasdaq-100 broke resistance zone

- Likely to rise to resistance level 20500.00

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Goldman Sachs Wave Analysis – 25 March 2025

Goldman Sachs: ⬆️ Buy

- Goldman Sachs continues daily uptrend

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Netflix Wave Analysis – 25 March 2025

- Netflix broke resistance zone

- Likely to rise to resistance level 1050.00

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Bitcoin on the Verge of a Breakout?

BTC is testing key resistance, big investors are buying in, and even Peter Schiff is getting involved! Could we see $97K soon? Watch now & don’t forget to like and subscribe for more updates.



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UK Inflation Cools Down Pound

UK consumer inflation was weaker than expected. The annual rate of price increases slowed to 2.8% from 3.0%. It remains well above the local low of 1.7% recorded in September. The latest deceleration is still more of a hope than a signal that inflation is slowing, as the previous reading was the highest since March 2024.

However, the downside surprise may allow the Bank of England to return to cutting interest rates sooner and maintain the pace of quarterly cuts.

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GBPCAD Wave Analysis – 26 March 2025

- GBPCAD reversed from resistance zone

- Likely to fall to support level 1.8230

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WTI crude oil Wave Analysis – 26 March 2025

WTI crude oil: ⬆️ Buy

- WTI crude oil broke resistance area

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No need to fear the death cross in BTC

Crypto market capitalisation rose 0.5% in the last 24 hours to $2.89 trillion, the highest since March 8, but still below the 200-day moving average. The Bulls still have to prove their strength by overcoming an important technical level. But worryingly, recent gains have come on low trading volume. This could simply be a setup to trap buyers and trigger a sharp sell-off in the next move.

Bitcoin pulled back below $87K on Wednesday, hesitant to storm the 50-day moving average and the round $90K level. This curve is pointing downwards and will soon cross the 200-day average. Technically, this would form a ‘death cross’, but we place greater importance on the upward price trend seen over the past three weeks.

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