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Bitcoin Price Analysis: Bears Shake Bullish Market Sentiment

Bitcoin Price levels have dropped $2,000 within the last 48 hours as bears begin to shake the current bullish market sentiment. Continuation of the pull-back to key support around $8,800 is likely over the coming days.Bitcoin 30-Minute Price Analysis On the 30 minute chart for XBT/USD, we can se..

Bitcoin Price Analysis: BTC Looks To Break $11,000 Support

A recent break-down out of the asymmetrical triangle mentioned in my previous BTC analysis looks poised to continue down to support levels below $11,000. Bitcoin price levels hold above $11,000 for now but the low volume could cause this support to break. Bitcoin Price 4-Hour Analysis On the 4 ho..

Bitcoin Price Analysis: $12.4K in Sight as Bullish Pennant Forms

Bitcoin sentiment is still very much bullish as price levels increase $2,000 since the beginning of August. On the charts we can now see a bullish pennant has formed which could be foreshadowing an imminent breakout to the next resistance above at $12,400.Bitcoin Price 1-Hour Analysis On the 1 h..

Bitcoin Price Analysis: BTC Fails To Surpass $12,400 Resistance

Bulls have been well in control of price action over the last few days as price levels rise 18% since the breakout mentioned in my previous analysis on Bitcoin. Bearish signs start have started to show as market price trades below a key resistance level at $12,400. Bitcoin Price 2-Hour Analysis O..

Bitcoin Price Analysis: BTC FOMO Could Surpass $12.4K This Week

In my previous analysis, we looked at the strength of the new Bitcoin uptrend as price levels traded just below $11,000 resistance. Since then, bulls have been well in control resulting in further upside towards $12,000. Bitcoin Price 1-Hour Chart On the 1 hour chart for XBT/USD, we can see how Bi..

Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000

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..

Bitcoin Price Analysis: Breakout Looming But Which Way Will it Go?

Since the breakout mentioned in my previous Bitcoin analysis, price levels have continued upwards and is now trading in a decision point range. We will know if the recent bullish breakout is sustainable within the next few days. Bitcoin 30-Minute Chart On the 30 minute chart for XBT/USD, we can s..

Bitcoin Price Analysis: Breakout Could Spur Bullish Reversal

Bitcoin appears to have finally broken out of the period of consolidation that has played out over the last week, as mentioned in a previous BTC analysis. Traders question the sustainability of this recent breakout as volume levels remain low. Bitcoin Hourly Chart Analysis On the 1 hour chart for ..

Bitcoin Price Analysis: BTC Plummets Towards $9k Support

Bearish divergence as mentioned in my previous analysis on Bitcoin has successfully played out over the last 24 hours, resulting in price levels plummeting towards $9,000 support. Bitcoin 30 Minute Chart Analysis On the 30 Minute chart for XBT/USD, we can see the three higher highs price action h..

Bitcoin Price Analysis: Bearish Divergence to $8.8K Likely

Price action for Bitcoin over the last few weeks seems to have created three higher highs visible on most time-frames. Despite the Bullish sentiment, most indicators have created three lower lows displaying potential bearish divergence around $9,800.Bitcoin 8 Hour Chart On the 8 hour chart for ..

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