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PortuguêsBitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move…
Continue ReadingBitcoin price is back around $35,000 and has failed to retake $40,000 despite several low timeframe reversal signals building. When looking back at past breakdowns following significant rallies, there could…
Continue ReadingBitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the…
Continue ReadingBitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the…
Continue ReadingThis week’s Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell…
Continue ReadingBitcoin price started a downside correction from well above $40,000 against the US Dollar. BTC is now trading near a major support at $38,000, where the bulls are currently active.…
Continue ReadingBitcoin price is struggling to hold above $40,000 and is now below it. On the three-day timeframe, the top cryptocurrency is also well back within the Ichimoku cloud, suggesting there’s…
Continue ReadingBitcoin price is trading in a positive zone above the $40,000 level against the US Dollar. BTC is likely to start a fresh rally if it clears the $41,200 resistance…
Continue ReadingBitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices…
Continue ReadingBitcoin price is now trading at around $40,000, up from virtually worthless just ten years ago. Even despite the law of diminishing returns, the nascent financial technology has enormous upside…
Continue ReadingBitcoin price is showing positive signs above the $40,000 level against the US Dollar. BTC is likely to continue higher above $41,000 and $41,500 in the near term. Bitcoin started…
Continue ReadingBitcoin and other cryptocurrencies are notoriously volatile, as the recent May selloff was a violent reminder of. The ongoing market cycle has been a walk in the park compared to…
Continue ReadingBitcoin price is back to around $40,000 but whether or not the bull market is over or not isn’t yet certain. What is certain, according to Paul Tudor Jones, is…
Continue ReadingBitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. Bitcoin started…
Continue ReadingBitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has…
Continue ReadingBitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but…
Continue ReadingThe crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending…
Continue ReadingBitcoin is an asset for everyone, but that doesn’t mean whales don’t often swallow up as many coins as they can, with the intent of sometimes spitting them back out…
Continue ReadingBitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000.…
Continue ReadingBitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji.…
Continue ReadingBitcoin price action is what everyone cares most about, however, the health of the network the asset underpins can have a dramatic impact on price action as the market has…
Continue ReadingBitcoin 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…
Continue ReadingThe recent Bitcoin bull market has attracted a lot more influential names these days. The CIO of Guggenheim Scott Minerd regularly speculates on crypto, Elon Musk is at the forefront…
Continue ReadingBitcoin 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…
Continue ReadingBitcoin 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…
Continue ReadingBitcoin 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…
Continue ReadingCrypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is over or not. If it isn’t,…
Continue ReadingThe masses cheered as Tesla CEO Elon Musk added the Bitcoin hashtag to his Twitter bio, and later revealed his company would accept BTC for purchases. Since then, however, the…
Continue ReadingBitcoin 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.…
Continue ReadingSentiment has sharply switched bearish on Bitcoin, and those that never liked the cryptocurrency in the first place are now out in droves doing further damage to the coin’s rep.…
Continue ReadingBitcoin 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…
Continue ReadingBitcoin 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…
Continue ReadingBitcoin price is trading at below $40,000, down more than 40% from recent highs but above the low of around $30,000 per coin. The market is a state of confusion,…
Continue ReadingDebate 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…
Continue ReadingBitcoin 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…
Continue ReadingThe transparency blockchain provides lets fundamental analysts see when whales are loading up on Bitcoin, but it can’t tell when technicals take a turn. However, whale behavior might still be…
Continue ReadingBitcoin price is consolidating above $35,000, trying to build enough support to make an attempt at returning to local highs. Once there, if or not the bull run is still…
Continue ReadingBitcoin price started a steady increase above the $36,000 resistance against the US Dollar. BTC even broke $37,000 and it is now showing positive signs. Bitcoin gained bullish momentum above…
Continue ReadingBitcoin price is still down 40% from recent highs, forcing investors to face the reality that the bull run could be over. And while that scare and related selloff certainly…
Continue ReadingBitcoin price was slashed in half during the month of May, leaving today as the last day for bulls to make a stand and undo the worst monthly on record.…
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