As Crypto's Fears of Real-World Events Have Lessened, March Prices Recovered - Santiment Biweekly Report

Just as things were really beginning to look rough in the fourth week of February, and war had just been announced between Russia and Ukraine, a strange thing happened... Suddenly crypto's major plummet had rebounded quickly. And even more strangely, prices kept gradually climbing for the next five weeks.

Throughout March, Bitcoin has taken a short pause at several resistance levels (particularly $44k), and eventually sped past them with confidence. Its latest stop appears to be in the $47k to $48k range, which is a welcome sight to traders worried about plummeting prices in February.

But as great as each broken resistance has been, and new rocket emojis have been plentiful, it's important to note that fundamentals can change to bearish at the drop of a hat. This is ESPECIALLY true as crowds begin to proclaim that "the bull market

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