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Buy pressure ‘in bull market territory’ — 5 things to know in Bitcoin this week -Breaking

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© Reuters.

(BTCThe last week in March sees a big bang as the company returns to its annual opening price of $46,000.

A surprisingly strong uptrend began Saturday and continued overnight to surpass its highest levels since the beginning of 2022.

BTC/USD 1 Day Candle Chart (Bitstamp). TradingView
Chart showing open interest for Bitcoin futures. Source: Coinglass
Cap chart for Bitcoin short-term and long-term holders. Source: Glassnode/ Twitter
Chart showing the 7-day average bitcoin difficulty. Source: Blockchain
Crypto Fear & Greed Index (screenshot). Source: Alternative.me