Technical analysis by NoFomoCharts about Symbol BTC on 3/24/2024

Bitcoin (BTC/USD) has been in an uptrend for over one year, 2023 to 2024, and is currently testing all-time high prices.A potential Morning Star candlestick pattern (bearish) is forming on the weekly Bitcoin chart.Bitcoin price may fall in the short-term leading up to the Halving Event in April 2024.To continue an Uptrend in 2024: Bitcoin needs to breakout and rally above $75000, $80000, $90000.If not, a pullback is possible for Bitcoin price, and the price could fall down to $60000, $50000, $40000.Upcoming USA Stock Market Earnings, FOMC Federal Reserve Interest Rate Cuts, and Global Fundamental Catalysts could also affect Bitcoin and cryptocurrency sector volatility.