Bitcoin 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 often says…
Category: Bitcoin
Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave
Bitcoin 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 extended its…
Bitcoin Daily Dragonfly Doji Gives Bulls Hope Of Sharp Reversal
Bitcoin 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. With a…
Bitcoin Recovers Sharply, Why BTC Could Rally Further Above $38K
Bitcoin 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. Bitcoin started…
How Extreme Fear In Crypto Correlates With Bitcoin Bottoms
The 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 cryptocurrency has…
Bitcoin Signals Fresh Decline, Why Dips Could Be Limited In BTC
Bitcoin 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 it failed…
Why Bitcoin Could Slingshot Back To Lows Before Gaining Momentum
Bitcoin 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 worked like…
Bitcoin TA: Here’s Why BTC Could Struggle To Surpass $37K
Bitcoin price tested the $30,000 support and it is now recovering higher against the US Dollar. BTC is likely to face a strong selling interest near $37,000 and $38,000. Bitcoin extended its…
Why The Chaos In Bitcoin And Crypto Is Only Beginning
Bitcoin price plummeted faster and lower than anyone expected, leaving behind a trail of liquidations and investors in shock. Crypto prices across the board tanked by more than 50%, and in most…
Here’s Why BTC Could Rally If It Clears This Key Hurdle
Bitcoin price is recovering losses and trading above $40,000 against the US Dollar. BTC is likely to accelerate higher if there is a clear break above the 100 hourly SMA at $42,000….