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Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...
Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells
12.11.2023
On Sunday morning Eastern Time (ET), bitcoin’s trading value hovers slightly over the $37,000 mark per unit, peaking at $37,294 for the day. There’s a slight dip in BTC trading volume over the weekend compared to the previous weekday, totaling $10.76 billion of the crypto...
Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows
8.11.2023
Bitcoin’s price is holding above the $35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally...
Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential
6.11.2023
Bitcoin’s stability appears to be holding as the price consolidates around $35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators providing a mixed but generally favorable perspective....
Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis
31.10.2023
Such consolidations generally end with an upward breakout, one observer said
Bitcoin to Score 'Golden Cross' After 30% Price Surge in Two Weeks
26.10.2023
The bullish pattern comes months ahead of bitcoin's fourth mining reward halving
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
22.8.2023
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020
Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April
21.8.2023
Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009
What Is Crypto's 'Bart' Chart Pattern and Does It Mean Bitcoin's Price Is Heading Towards a Rally?
9.8.2023
Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
26.7.2023
A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said
XRP Moving Above 'Cloud' Resistance is Bullish for Bitcoin: Analyst
20.7.2023
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
27.6.2023
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction
Bitcoin Price 'Throwback' Suggests Potential For Rally to $37K: Valkyrie Investments
14.6.2023
A throwback is a countertrend move where prices reverse direction and move back towards a breakout point, paving the way for a strong rally
Bitcoin's MACD Indicator Flips Bearish, Scares Crypto Twitter
13.6.2023
MACD histogram is a technical indicator widely used to gauge trend strength and trend changes
Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments
5.5.2023
Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie's analysts said
Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital
12.4.2023
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio
Bitcoin Risks Deeper Pullback Toward $20K: Chart Analysts
28.2.2023
"We shift to a bearish short-term bias," one analyst said, noting bitcoin's recent technical failure at key resistance
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
23.2.2023
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said
Litecoin 'head fake' rally? LTC price technicals hint at 65% crash
27.1.2023
LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential "head fake" recovery
What is an ascending triangle pattern and how to trade it?
27.1.2023
Ascending triangle patterns are one of the most popular chart indicators traders use, but it does not always mean the price will rally