BTC price action continues to hold higher, with analysis also flagging the 200-week moving average potentially flipping to support

Bitcoin approached a key weekly close on March 19, with traders concerned about a retest of lower levels.After briefly tapping $28,000 into the weekend, a slow comedown through out-of-hours trading denied bulls a squeeze higher. This led market participants to weigh the likelihood of Bitcoin returning to test support.
“Holding my long position while we are above $25,500, but ultimately we lost $27,000 support so we are likely to come down and test around $26,100,” popular trader Crypto Tony told Twitter followers.