{"id":31986,"date":"2025-03-20T05:35:58","date_gmt":"2025-03-20T05:35:58","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31986"},"modified":"2025-03-20T06:43:20","modified_gmt":"2025-03-20T06:43:20","slug":"crypto-technical-analysis-report-20th-march-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/crypto-technical-analysis-report-20th-march-2025","title":{"rendered":"Crypto Technical Analysis Report – 20th March 2025"},"content":{"rendered":"\n

Bitcoin continues to trade above the 200-day simple moving average ($84,359), signaling that bulls are maintaining steady buying pressure. This increases the likelihood of an upward breakout, potentially marking the end of its corrective phase. A positive sign for bulls is the renewed inflows into US spot Bitcoin exchange-traded funds (ETFs). Since March 14, these ETFs have accumulated $525 million, reflecting growing investor confidence. While Bitcoin faces resistance at the 200-day SMA, buyers are holding firm, indicating they expect a breakout rather than rushing to exit their positions.<\/p>\n\n\n\n

BTC-USDT Daily Chart:<\/strong><\/p>\n\n\n\n

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After reaching an all-time high of $109,588, BTC started trading within a \u2018Descending Triangle\u2019 pattern, finding strong support at $90,000. The asset eventually broke below the pattern, leading to a price drop to $78,258. BTC then formed a \u2018Hammer\u2019 candle, triggering a relief rally up to $95,000. However, bulls lost momentum, and the price corrected to $76,606. Key support levels now stand at $80,000 and $73,500, while $90,000 and $100,000 will serve as strong resistance zones. <\/p>\n\n\n\n

In the grand scheme of things, ZebPay blogs are here to provide you with crypto wisdom\u2014get started today and join 6 million+ registered users to explore endless features on ZebPay!<\/p>\n\n\n\n

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TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin continues to trade above the 200-day simple moving average ($84,359), signaling that bulls are maintaining steady buying pressure. This increases the likelihood of an upward breakout, potentially marking the end of its corrective phase. A positive sign for bulls is the renewed inflows into US spot Bitcoin exchange-traded funds (ETFs). Since March 14, these […]<\/p>\n","protected":false},"author":1,"featured_media":31989,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31986"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=31986"}],"version-history":[{"count":2,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31986\/revisions"}],"predecessor-version":[{"id":31993,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31986\/revisions\/31993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/31989"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}