In this video, we break down Bitcoin on the 4hr & 15m charts using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch.
Video by Koenz Trading.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
Bitcoin is trading near $74,063 as of March 17, 2026, consolidating after testing the major $75,000 resistance level earlier today. BTC is currently up roughly 1% over the last 24 hours, maintaining a rare 8-day winning streak that has erased late-February losses.
Buy Bitcoin >>
Bitcoin Insights Today
-Institutional Demand: U.S. spot Bitcoin ETFs, led by BlackRock's IBIT, saw over $1.3 billion in net inflows during the first half of March, acting as a primary floor for prices.
-Macro Environment: Bitcoin is currently acting as a "safe haven" or "oasis of calm" compared to higher volatility in traditional equity and oil markets amid Middle East tensions.
-Citigroup Forecast: Citigroup analysts recently lowered their 12-month target for Bitcoin to $112,000 (from $143,000), citing slow U.S. legislative progress on crypto market structures.
-Corporate Activity:
--MicroStrategy: Added $1.57 billion in BTC last week, continuing its aggressive "Bitcoin standard" strategy.
--Hyperscale Data: Reported a Bitcoin treasury worth approximately $45.3 million as of March 15.
-Sentiment Shifts: Buyers are reportedly returning to major exchanges like Binance and Coinbase for the first time after two months of heavy selling.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
