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Bitcoin․com Exchange Market Insights Report for April 2022
18.4.2022
This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance...
Bitcoin and Ethereum Fail Near Key Resistance, XRP Outperforms
15.4.2022
Bitcoin price started a recovery wave above the USD 41,200 level. However, BTC failed to gain strength for a clear move above the USD 41,500 resistance. It is currently (04:24 UTC) trading above USD 40,200 and is down 3% in a day....
Read More: Bitcoin and Ethereum Fail Near Key Resistance,...
Bitcoin Neutral, Support at $37K and Resistance at $46K
14.4.2022
Bitcoin (BTC) is bouncing around $40K as technical indicators remain neutral. Buyers could stay active around the $35K-$37K support zone, although aweekly close above $40K is required to maintain the recovery phase
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Heading Into Easter Weekend
14.4.2022
Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late...
Bitcoin Holding Support at $40K; Resistance at $43K-$47K
13.4.2022
Bitcoin (BTC) is attempting to break above a short-term downtrend, although buyers will need to sustain the $40K support level. A price bounce is expected toward nearby resistance levels
Bitcoin Stabilizes at $40K Support; Resistance at $43K-$47K
12.4.2022
Bitcoin (BTC) returned above $40K as buyers reacted to short-term oversold signals. The cryptocurrency remains in a two-month long trading range between $37K support and $47K resistance, which could limit additional upside
Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K
8.4.2022
Bitcoin (BTC) is stuck in a choppy trading range with support between $40K and $43K. The cryptocurrency is entering a period of seasonal strength, which could keep the recovery intact, albeit briefly
Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K
7.4.2022
Bitcoin (BTC) is stabilizing above the $43K support level, although upside appears limited over the short-term. Momentum signals are still negative, especially on the monthly chart. For now, the recovery from Jan. lows remains intact
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
6.4.2022
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls
Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level
5.4.2022
Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s...
Bitcoin Weighed Down by $48K Resistance; Support at $43K
4.4.2022
Bitcoin (BTC) is in pullback mode after a choppy weekend. The cryptocurrency could find support around $43K, which should stabilize the down move. Momentum signals turned negative on the daily chart, similar to what occurred during the first week of February and March
Bitcoin Holds Support Above $44K; Resistance at $48K-$51K
1.4.2022
Bitcoin (BTC) upside momentum signals remain intact after a bounce off $44K support. The cryptocurrency faces resistance at $48K and $51K, which could stall the rally, although some short-term indicators are neutral
Bitcoin Dips From $48K Resistance; Support at $43K
31.3.2022
Bitcoin (BTC) is declining from overbought levels, although buyers could remain active around $43K support. Sellers could remain active into the Asia trading day until oversold signals appear on intraday charts
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $3,400 Despite Bullish Momentum Slowing
31.3.2022
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin...
Bitcoin Holding Support Above $46K; Resistance at $48K-$51K
30.3.2022
Bitcoin (BTC) is attempting to break above an intraday trading range, but resistance around $48K-$51K could stall the rally. Momentum signals remain positive, which could keep buyers active over the short-term
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Below Key Resistance Levels
30.3.2022
Following strong gains during Wednesday’s session, bitcoin and ethereum both saw prices consolidate below key resistance levels. BTC remained marginally above $47,300, with ETH trading close to $3,400. The global crypto market cap was 0.48% lower as of writing. Bitcoin Bitcoin saw its price...
Bitcoin Approaching Resistance at $48K-$51K; Support at $45K
29.3.2022
Bitcoin (BTC) is approaching overbought levels, although pullbacks from the $48K-$51K resistance zone should be brief. Upside momentum is slowing on intraday charts, but turned positive on the weekly chart
Shiba Inu Is Ready to Test the 200 DMA Resistance!
29.3.2022
Shiba Inu crypto token has been under a downtrend for the last three months. Things turned positive only in February 2022, wherein Shiba Inu raised by a decent 20% mark. Following this price trend, Shiba has moved further towards an uptrend. Shiba Inu currently holds the 15th position in terms...
Bitcoin Breaks Above $46K, Resistance at $48K-$51K
28.3.2022
Bitcoin (BTC) is gathering upside momentum toward the 200-day moving average near $48K. The cryptocurrency could see additional upside at $51K until overbought signals appear on the charts
Bitcoin Breaks Key Resistance, Crosses USD 47K as Terra Buys More BTC, Liquidations Soar
28.3.2022
Bitcoin (BTC) broke through a key resistance level and reached a price well above USD 47,000 overnight. The gain was supported by Terra (LUNA)'s continued buying of BTC and by high liquidations of leveraged short positions.
The number one cryptocurrency on Monday reached a high of USD 47,650...