Saturday, March 14, Bitcoin continues its ascent, reaching $70,965, up 0.6% on the day. Ethereum is not far behind at $2,093, also gaining 0.6%. Weekly performance finally swings into positive territory: BTC now shows a gain of 4.1% over seven days. A spectacular reversal after a difficult start to the week.
This third consecutive gain confirms that the market has found an equilibrium. Investors, reassured by the absence of negative news, are gradually returning to the market. Bitcoin has managed to hold above $70,000, a major psychological level, and now appears to be targeting $71,000. Ethereum, meanwhile, is nearing $2,100, a threshold that could act as a springboard to higher levels.
This weekend is particularly important for what comes next. If the uptrend holds, Bitcoin could close the week with a solid gain, erasing losses from previous weeks. Trading volumes are rising slightly, a sign that confidence is returning. However, caution remains warranted: traditional markets are still unsettled, and a negative macroeconomic surprise could quickly reverse the trend. For now, cryptos are enjoying a well-deserved breather, and traders hope this momentum will carry through to Monday.
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