From our previous Bitcoin price analysis: “BTC expecting to produce a fast move to either direction, this is expected to take place in the following 1-2 days.” As you all might have seen, the direction was down. The range between $7800 – $8200 had been broken down, the Moving Average...
Over the past 7 days, Bitcoin has been trading between $7800 to $8400. The recent days the range is more $7800 to $8200. Seems like a triangle has been built in the BTC chart and is expecting to produce a fast move to either direction, this is expected to...
So, since our previous Bitcoin price analysis, Bitcoin had gone wild – broke up the $8200 resistance, and the next resistance level at $8400 seems to become the Bitcoin’s party popper for now. What comes fast – gets corrected even faster. that’s what we saw during the recent 24 hours....
This is a quote from our recent price analysis, two days ago: “This could be a major obstacle from one side, and from the other side, getting over it can gain momentum towards next target levels at the 9,000$ mark. Bitcoin is still consolidating during the recent days, it looks like...
We usually update once every 48 hours, but we are doing a special day-to-day price analysis since Bitcoin is at a very interesting zone – encountering the descending trend-line started at the beginning of March, while one BTC was equal a little less than 12K USD. This could be a...
So far, things are following our recent BTC price analysis. The correction to the huge green candle reached a low of $7221 on Bitfinex. As of now, BTC price is consolidating around $7300 area, might be building a bullish pennant.  Stochastic RSI oscillator has crossed at its low levels, which can...
From yesterday’s Bitcoin price analysis: “The inverse Head and Shoulders pattern is alive; breaking the neckline at $6800 resistance level, will set immediate target of around $7800.” As we all may have seen, Bitcoin had a very nice breaking-up green candle with HUGE amount of trading volume. Resistance levels...
Are the bulls back? early to say, but over the past two days the crypto markets have had a nice mini-rally. Where Bitcoin got very close to the critical resistance level of $6800 and retraced back. Looks like RSI levels are very high, which indicate that the market is overbought....
Following our previous Bitcoin price analysis, the formation of an inverse Head and Shoulders pattern is still alive, keeping the ‘low’ of the shoulders at around $6100. As of now, though resistance level at $6400 – including the resistant line along with Moving average 50 days and 200 days (pink...
Continue the way down on the last day of the week. Bitcoin has tested the $6000 support level that seems to hold (so far). Now facing support-turned resistance at $6300. RSI levels are very high, means market is overbought, market might need some air before trying to break the resistance. There might...