Bitcoin is following the plan from yesterday: Heading rapidly to the target level around $10,000 – at the top of the “tunnel” as shown in our chart analysis. After touching the $10,200 in BitFinix (top of the tunnel), Bitcoin is currently consolidating around the 10K mark for a possibility of...
Positive day so far: Following yesterday’s analysis: Breaking the $9000 level and we will probably see Bitcoin testing the 5-digits area, creating a nice cup and handle bullish pattern.After testing twice the $9,000 resistance, finally it got broken. Heading rapidly to the target level around $10,000 – at the top of...
Yesterday we have stated that we are still positive for the short term, as long as Bitcoin finds support above the trend line. As writing these lines, BTC found support, and for the next hours will try to break the $9,000 resistance. Breaking the $9000 level and we will probably...
During recent hours BTC had reached $9000, but could not rise above the resistance level and turned backwards. After the formation of a head and shoulders pattern, it broke back to the support around the $8600. The broad chart show weakness, and there is a substantial chance of a...
During recent hours BTC had reached $9000, but could not rise above the resistance level and turned backwards. After the formation of a head and shoulders pattern, it broke back to the support around the $8600. The broad chart show weakness – Stochastic RSI indicator points down, and there...