In this video, we break down Bitcoin on the 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 >>
As of March 23, 2026, Bitcoin (BTC) is trading at approximately $71,652, representing a roughly 5.5% increase since the start of the day.
Buy Bitcoin >>
Bitcoin Insights Today
-Geopolitical Recovery: Prices surged above $71,000 today following reports that President Trump has postponed planned strikes against Iran for five days. This followed a roughly 6% weekend selloff triggered by tensions in the Strait of Hormuz.
-Regulatory Milestone: The joint SEC and CFTC Crypto Regulation Guidance officially took effect today, March 23. The new framework, dubbed a "token taxonomy," classifies most leading cryptocurrencies as digital commodities, exempting them from more stringent securities oversight.
-Institutional Activity: MicroStrategy (MSTR) reported the acquisition of 1,031 BTC last week at an average price of $74,326, totaling approximately $76.6 million.
-Technical Analysis: Despite today's rebound, some analysts remain cautious as the MACD histogram recently turned negative, a signal that has historically preceded steep selloffs since October. Support is currently seen around $68,230, with resistance forming near $73,685.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
