Bitcoin settled above the $40,000 level against the US Dollar. BTC is now rising and could accelerate further above the $42,650 resistance zone. Bitcoin started a strong increase above the $40,000 resistance…
Category: Bitcoin
Bitcoin Lacks Momentum Above $38.5K, But Dips Likely To Be Limited
Bitcoin extended increase above the $38,800 resistance zone against the US Dollar. BTC is now struggling near $39,200 and might correct a few points. Bitcoin started a fresh increase and was able…
Bitcoin Regains Momentum, What Could Spark Additional Upsides
Bitcoin found support near $35,550 and started a fresh increase against the US Dollar. BTC must clear $38,000 for additional upsides in the near term. Bitcoin corrected lower but the bulls were…
Bitcoin Breaks $37,000, Why Downtrend To $29,000 Is Likely
Bitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained its position…
Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K
Bitcoin failed to stay above the $43,000 support against the US Dollar. BTC is trading in a bearish zone and could continue to move down below $41,200. Bitcoin is struggling to climb…
Bitcoin Price Rally Pauses But Upsides Could Restart
Bitcoin started a strong upward move above $43,000 against the US Dollar. BTC spiked above $44,000 and currently correcting lower. Bitcoin gained pace for a move above the $43,000 resistance zone. The…
What Could Trigger Another Decline
Bitcoin extended decline below the $44,000 level against the US Dollar. BTC remains at a risk of more downsides unless there is a break above $45,000. Bitcoin started a major decline below…
What Could Trigger A Sharp Decline
Bitcoin is struggling to recover above the $48,000 resistance against the US Dollar. BTC could decline heavily if there is a clear break below $46,000. Bitcoin started a consolidation phase below the…
Bitcoin Resumes Decline, Indicators Suggest Limited Upside
Bitcoin started a fresh decline below the $50,000 support against the US Dollar. BTC remains at a risk of a larger decline below $47,500 in the near term. Bitcoin started a fresh…
Bitcoin Reclaims $50K, Why Rally Isn’t Over Yet
Bitcoin started a fresh increase above the $50,000 resistance against the US Dollar. BTC is showing positive signs and there could be more gains towards $52,000. Bitcoin gained pace after it broke…