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Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’
19.9.2023
Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum also extended recent gains. Bitcoin Bitcoin was once...
Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears
6.9.2023
Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630....
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000, ETH Hits $1,900 Following Moving Average ‘Death Cross’
22.6.2023
Bitcoin extended recent gains on Thursday, climbing above the $30,000 level for the first time since April, and ahead of Fed Chair Powell’s testimony today. The move also came following a death cross of moving averages, which prompted bulls to intensify buying pressure. Ethereum moved to...
Bitcoin's 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
25.4.2023
A break below the average would call into question the bull market's strength, one analyst said
Bitcoin, Ethereum Technical Analysis: BTC on Brink of ‘Death Cross’ on Moving Average Trendline
24.4.2023
Bitcoin started the week on the brink of a downwards crossover of two key moving average trend lines, which could signal an upcoming price drop. The 10-day and 25-day moving average look set to cross, potentially leading to a breakout of the $27,000 level. Ethereum is trading above a floor...
Bitcoin's Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say
20.4.2023
The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross
20.2.2023
Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday...
Bitcoin price faces key moving average showdown 3 weeks after breakout
10.2.2023
The 200-day moving average is coming back to haunt BTC bulls after staying as resistance for over a year
Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom
27.12.2022
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover...
Dogecoin Above 200-Day Moving Average By Most Since June 2021
2.11.2022
While DOGE's breakout could have long-term implications, chasing the rally now may be risky due to the possibility of a "sell the news" event, according to one observer
Market Wrap: Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average
28.9.2022
Bitcoin continues to trade around its moving average. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
21.7.2022
A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support
Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average
20.7.2022
Some analysts believe BTC’s consolidation above the SMA could propel the token’s recovery
Bitcoin price nears critical 200-week moving average as Ethereum touches $1.5K
18.7.2022
The 200-week moving average keeps bulls in check, and traders are keeping quiet on the chances of a breakthrough so early
Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’
28.6.2022
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current...
Bitcoin kisses 50-day moving average as trader predicts fresh BTC price volatility
14.2.2022
Valentine's Day keeps the volatility at bay, but stocks are hinting at the likelihood of more exciting times ahead
Bitcoin clings to $42K as key moving average break from July reappears
7.1.2022
There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests
Bitcoin tests yearly moving average as $100K by Christmas needs 'small miracle'
19.12.2021
Bitcoin will now decide whether or not to preserve the one-year trendline as support in what has historically resulted in long-term upside
Bitcoin Takes Support From the Moving Average of 100 Days
23.9.2021
Bitcoin is among the least volatile cryptocurrency as compared to others and gives an unsaid level of confidence. While others rely on their technology, upgrades, and upscaling abilities, BTC has become a digital gold with consistently higher values despite carrying no substantial weightage. In...