According to Cas Abbé, Bitcoin ($BTC) has shown resilience by not hitting a new low despite the stock market experiencing its worst day in five years. Historically, BTC tends to bottom before the stock market. Abbé identifies $76.5K as a potential bottom and is monitoring for a reclaim above the $86.5K level.

According to Material Indicators (@MI_Algos), Bitcoin and the broader crypto market have rallied from the March 18th support test to the trend line. Currently, Bitcoin is attempting to consolidate above $86.5k, a critical level for potential upward movement. Traders should watch for a sustained close above this level, as it might indicate a bullish trend continuation. Material Indicators suggest that maintaining momentum above $86.5k could lead to significant price action. Source: Material Indicators (@MI_Algos).