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Bitcoin’s bout of extreme downwards momentum has slowed ever since it found support within the upper-$7,000 region earlier this past week, which has allowed most major altcoins to post decent gains today. In the near-term, it is highly probable that Bitcoin will be the impetus behind any major move..
Over the last 48 hours, Bitcoin price has broken support at $11,000 mentioned in my previous analysis and has since dropped back to support around $10,100. High selling volume indicates further downside over the coming days. Bitcoin 2-Hour Price Analysis On the 2 hour chart for XBT/USD, we can see..
In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend.Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetric..
Popular YouTube securities and crypto analyst, Alessio Rastani has predicted that Bitcoin will drop far below the 21-day EMA before rallying to a new all-time high in 2020. Bulls could be Walking into a Massive Trap Alessio Rastani, a popular securities trader and crypto analyst, believes that con..
Bitcoin price declined heavily this week and even broke the $10,000 support. BTC to USD is currently correcting higher, but it seems to be facing a strong resistance near $10,080 and $10,250. After trading as low as $9,084, bitcoin price started an upside recovery. BTC/USD broke a connecting bearis..
After a 17% pullback Bitcoin price bulls appear to be fighting to retake $11000 but will they succeed? Bitcoin Price In Bullish Uptrend On Monday Bitcoin price reversed course and added 12.5% as an attempt to make up for the weekend’s steep 17% drop from $11,500. The sell-off appeared to be the res..
The most recently formed rising wedge shown in my previous bitcoin price analysis broke to the downside less than 24 hours ago. Despite the bearish break-down there seems to be no real bearish momentum, despite the large selling volume. Price action seems to have formed strong support at POC (Point ..