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- Bitcoin price rejection at the $42,867-to-$43,755 bearish breaker suggests a continuation of the downtrend.<\/strong><\/li>\n
- Ethereum price could start its retracement as the MRI shows a sell signal on the daily chart.<\/strong><\/li>\n
- Ripple price looks ready for a minor retracement as it retests the first hurdle at $0.85.<\/strong><\/li>\n<\/ul>\n
Bitcoin price is facing blockades, pausing its uptrend and even reversing it. This sudden lack of momentum has allowed bears to take control. As a result, Ethereum, Ripple and other altcoins<\/a> are also undergoing minor retracement.<\/p>\n
Bitcoin price needs a breather<\/strong><\/h2>\n
Bitcoin price has been on a slow and steady uptrend<\/a> since March 13, rallying roughly 15%. This move tagged the four-hour breaker, extending from $42,867 to $43,755, and is already getting rejected.<\/p>\n
Investors can expect a continuation of this downswing at least until $40,417, Monday\u2018s low. In some cases, BTC might even retest the daily demand zone, ranging from $36,562 to $38,859.\u00a0<\/p>\n
![\"BTC\/USD](\"https:\/\/editorial.fxstreet.com\/miscelaneous\/BTCPERP_2022-03-23_12-34-27-637836198738868240.png\")
<\/a><\/small><\/p>\nBTC\/USD 4-hour chart<\/small><\/p>\n
While things are looking up for Bitcoin price<\/a>, a four-hour candlestick<\/a> close above $43,755 will invalidate the bearish breaker and open the path for further gains.\u00a0<\/p>\n
\n - Ethereum price could start its retracement as the MRI shows a sell signal on the daily chart.<\/strong><\/li>\n