Bitcoin price extended its decline below the $33,000 support zone against the US Dollar. BTC is currently recovering and it must stay above $30,000 to avoid a larger decline. Bitcoin extended its decline below the...
Category - Bitcoin
Zita MrazBitcoin Indicator Behavior Mimics Historic Rally
Bitcoin price keeps sinking, but has kept mostly sideways leaving bears unable to break support to new lows. With the trading range at a pivotal point, as one trading legend often says it is “time to pay attention.” The...
Bitcoin Resumes Slide, Why BTC Could Extend Losses In Short-Term
Bitcoin price failed to stay above the $35,000 support against the US Dollar. BTC is declining and it is likely to extend losses below $33,000 in the short-term. Bitcoin started a fresh decline after it broke the...
Bitcoin Bulls And Bears Alike Beware Of Potential Pump And Dump Fractal
Bitcoin price has been stuck trading within a small symmetrical triangle. These continuation patterns tend to suggest another equal sized move down is coming. However, a sweep of lows would “perfect” a buy setup that...
Bitcoin Signals Fresh Increase, Here’s Why $37K Is The Key
Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering higher from the $35,000 support...
Bitcoin Faces Another Rejection, Here’s What Could Trigger Nasty Decline
Bitcoin price climbed above the $38,000 resistance against the US Dollar, but it failed near $39,500. BTC is correcting lower and it might dive if it breaks the $37,000 support. Bitcoin failed to gain momentum for a...
Why Bitcoin Price Could Be Destined To Retrace To $14K
Bitcoin price just saw the worst high timeframe correction in years, falling sharping by 50% and instilling fear across the market. The turn in sentiment has everyone guessing where the now bearish cryptocurrency could...
Bitcoin Still Struggling Near $38K, Here’s Why 100 SMA Is The Key
Bitcoin price made another attempt to clear the $38,000 resistance against the US Dollar, but it failed. BTC is correcting lower, but it might find bids near the 100 hourly SMA. Bitcoin is still facing a strong...
Bears Have Only Now Taken Control Over Bitcoin
Debate surrounding if the Bitcoin bull market is over due to the recent correction is at a full boil, while many are already searching for a bottom of the current downtrend. Bulls must be careful not to jump the gun due...
Bitcoin Steadies above 100 SMA, Here’s How BTC Could Start Fresh Increase
Bitcoin price corrected lower from the $38,000 resistance zone against the US Dollar. BTC is holding the 100 hourly SMA and it could start a fresh increase in the near term. Bitcoin is holding a couple of important...
