Bitcoin's Price Outlook: Analysis, Momentum, Uncertainty, and Targets.

European stock markets fell on March 24 on renewed fears that the banking crisis could rear its ugly head once again. Although the banking crisis has been positive for Bitcoin’s (BTC) price, the trend may pause if the contagion spreads. During times of panic, traders sell assets to curtail risk. At that time, if Bitcoin does not break below the $25,000–$20,000 support zone, it will suggest that the bear phase is over. Litecoin (LTC) is making a strong comeback, while Ethereum (ETH) rose above the overhead resistance of $1,842 on March 23, but the bulls could not sustain the breakout as seen from the long wick on the candlestick.