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Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months By Cointelegraph

Worsening Bearish Market Conditions Could Push BTC Down to $12K

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(BTC) approached a key weekly close on March 19, with traders concerned about a retest of lower levels.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp.

BTC/USD annotated chart. Source: Crypto Tony/Twitter
BTC/USD annotated chart. Source: Michaël van de Poppe/Twitter
BTC/USD 1-week candle chart (Bitstamp) with 200MA. Source: TradingView