March 16 2026
De Bitcoin course is entering another exciting phase. At the time of writing, the price is hovering around $107.400, and the all-time high of $109.000 is within reach. Will Bitcoin go down in history again today? And are we perhaps witnessing the beginning of a new bull market?
Despite the many doubts that still hang over the market, the technical signals are indeed promising and point to a possible bull market. Torsten Sløk, Apollo’s chief economist, recently presented a list of ten threats to the US economy. This could make you doubt the sustainability of the current rise.
But let’s look at the charts; they tell a story you don’t want to miss. Warren Pies of 3Fourteen Research says: “The technical evidence points convincingly to the start of the next leg of the bull market and new all-time highs.” He’s focusing on the S&P 500, but it shows a strong correlation with Bitcoin’s price. If the S&P 500 starts its upward trajectory, chances are Bitcoin will too.
Conclusion: Bitcoin hasn't peaked yet, but it has all the hallmarks of an upcoming bull market.
According to popular analyst Lord_Fed, the market is far from finished. He points out that the loudest critics are often those who missed the bottom of the market, while most optimistic investors are still investing money. The positions of the average investor are so light that we are still far from a euphoric market.
His message? Many have not yet actively participated in the rise, and that could change in the coming weeks. “Maybe this is the moment when the real opportunities will present themselves!”
It is time to be alert, because once the masses start moving, it can push the price to unprecedented heights. Remember, this is a game of patience, strategy and timing, and who knows what the future holds.
What is the current price of Bitcoin?
Currently, the price is hovering around $107.400, with the all-time high of $109.000 in sight.
Why is the correlation between the S&P 500 and Bitcoin important?
The S&P 500 tends to have a strong correlation with the Bitcoin price. Movements in the stock market can therefore have a direct impact on the crypto market.
What does Lord_Fed say about the current market?
He believes there is still room for further upside and that many investors have yet to step in, which could lead to a new wave of growth.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
