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Bitcoin (BTCUSD) reaches our target - Analysis-13-03-2026
The Bitcoin price (BTCUSD) surged higher during its latest intraday trading, moving to test the current resistance level at $71,500, which had previously been identified as a price target in our earlier analysis. This rise was supported by positive signals from the relative strength indicators, which strengthened the buying momentum surrounding its movements.
The price benefits from the continued dynamic support resulting from trading above EMA50, while the short-term corrective upward trend remains dominant. At the same time, the price continues to move alongside a supportive trendline, which enhances the chances of further gains in the coming period.
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Crude oil prices attempt to relieve Its overbought condition - Analysis- 13-03-2026
The crude oil price (Crude Oil) declined slightly during its latest intraday trading in a corrective for taking some profits from the previous gains. Through this pullback, the price is attempting to gain new positive momentum that could help it resume its upward movement later.
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