BTC Market Review - March 24, 2026
Despite increased market selling, the price has stopped declining. The market is holding within a range, maintaining an ascending structure.
Table of content
In this market review, we are not attempting to predict the future; our task is to state the facts we have at the current moment. We base our actions on these facts, not on our expectations and hopes.
Market Orders and Limit Orders
During the period under review, a downward shift in the balance of market orders is observed: in the final periods, sell market orders predominate. This is clearly visible in the delta histogram (red rectangle) and indicates increased activity from sellers.
At the same time, buy orders (green rectangle) predominate in limit orders. This indicates the presence of counter-limit demand in the current price range.
Price Change per Unit Volume
The effectiveness of volume has shifted slightly in favor of buying and continues to gradually increase: less volume is required to drive the price up compared to downward pressure.
Balance Index
The balance index is within the normal percentile range, without a significant bias to either side.
Price Dynamics
Despite the predominance of sell market orders, the price has stopped declining. At the same time, limit orders are showing an upward balance shift, forming local support in the current range.
Summary:
According to Charles Dow’s theory, the ascending structure remains: lows are not being made, while highs continue to be made.
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