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Bitcoin Price Analysis: BTC Pulls Back But Another Increase Expected Soon

In the last 24 hours, we’ve seen the price of Bitcoin decreasing but it looks like the price found support slightly above the significant Fibonacci level. As the decrease looks near completion very shortly I would be expecting another increase which is the continuation of the recovery starting from..

Bitcoin Price Analysis: Recovery Expected to Hit $11,300+

Over the weekend we have seen the recovery continuation but another retracement below the 0.236 Fib level where the price is currently being traded. As the level was broken on the quick spike another increase above it would be expected to the next one at $11308. Last Wednesday we’ve seen the comple..

Bitcoin Price Analysis: BTC/USD Bulls Facing Uphill Task After Recent Recovery

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..

Bitcoin Price Analysis: BTC Starts to Recover, Looking to Head Back over $11k

The price of Bitcoin started recovering from yesterday and managed to pull back up above 0.236 Fibonacci level which is currently being retested for support. A trend continuation or a downfall is equally likely. If the price finds support here and continues increasing from here interaction with the..

Bitcoin Price Analysis: BTC Target Met, Recovery Time Now?

The price of Bitcoin came down to the projected level and considering that we could have seen the completion of the C wave which is the sub-wave of the higher degree Y wave, recovery will be seen and with the price starting to move to the upside again the recovery might have already started. The pr..

Bitcoin Price Analysis: BTC in Recovery From Yesterday’s Drop

The price of Bitcoin has started recovering from yesterday downfall and is forming a descending channel with the price currently showing resistance found. If the price gets rejected at the present levels and goes below 0.382 Fib level we are to see further development of the descending channel befo..

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