Bitcoin price recovered losses and surpassed the $56,550 resistance zone against the US Dollar. BTC is likely to rally if there is a close above $58,000 and the 100 hourly SMA. Bitcoin remained strong above $54,000 and...
Category - Bitcoin
Zita MrazDouble Bottom On The Dollar Could Be The End Of Bitcoin Rally
Bitcoin, Ethereum, and just about every other asset on the planet trades against the dollar on its most liquid trading pair, and the greenback is the base currency that all exchanges rates are based on. The power and...
TA: Bitcoin Nosedives $10K, Here’s Why Recovery Could Face Hurdles
Bitcoin price declined over $10,000 against the US Dollar after Elion Musk’s tweet. BTC is now correcting losses, but the previous support near $52,000 could act as a hurdle. Bitcoin started a major decline from...
Bitcoin Breaks Key Support, Here’s Why BTC Could Dive Below $40K
Bitcoin price failed to stay above the key $42,150 support zone against the US Dollar. BTC is declining and it remains at a risk of a sharp decline below $40K. Bitcoin failed to stay above the main $42,000 and $42,150...
Bear Phase Fractal Warns Of Pain, Bitcoin Bull Market To Remain Unbroken
The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the...
TA: Bitcoin Dives Further, Here’s Why BTC Could Find Bids Near $42K
Bitcoin price extended its decline below the $45,000 support zone against the US Dollar. BTC is declining and it could soon test $42,000 or $40,000 in the near term. Bitcoin started a major decline from well above...
Bitcoin Loses Crucial Support Never Broken During Last Bull Run
With Bitcoin price falling to the low $40,000 range, debate has picked up on if the once trending cryptocurrency’s bull run is now over. There’s no truly telling for sure, however, this time is very different than the...
Bitcoin Aims Strong Recovery, Here’s A Key Pattern For Short-term Bottom
Bitcoin price is likely forming a double bottom pattern near the $42,150 zone against the US Dollar. BTC is showing positive signs and it could climb towards $47,000. Bitcoin is finding a strong buying interest above...
