<ul><li>Bitcoin closed its March 2025 monthly candle just above the 38.2% Fibonacci retracement level, supporting its bullish scenario.</li><li>Bitcoin's Hash Ribbon Buy Signal has turned bullish, indicating a potential price increase.</li><li>BTC's renewed momentum has not yet resulted in a significant price reversal.</li><li>Bitcoin must hold above $80,000 to avoid a potential drop to $70,000 with little support in between.</li></ul>

Bitcoin Monthly Close Keeps Bullish Momentum Alive, But A Drop Below $80,000 Could Be Devastating

Discover more