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Bitcoin Price Analysis: BTC Dips to $58K in Anticipation of This Week’s Fed Rate Decission

Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it…

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Is BTC Heading Toward $65K After Surging 10% Weekly? (Bitcoin Price Analysis)

Bitcoin has recently experienced a strong bullish reversal from a critical support zone, defined by the 0.5 and 0.618 Fibonacci levels. BTC is now approaching the 100-day moving average at…

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Bitcoin Price Analysis: BTC Is on its Way to $60K and $64K if it Remains Above This Level

Bitcoin’s price has been consolidating below the $60K level over the last few weeks. However, things might be about to change soon as the asset flew to an 8-day peak…

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This Is BTC’s Next Target After Surging 4% Daily: Bitcoin Price Analysis

Bitcoin’s price has been trending lower since the last week of August, breaking below multiple support levels. Yet, it’s currently showing signs of a possible rebound, as the asset jumped…

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Bitcoin Price Analysis: BTC Could Dump to $52K if This Support Level Is Broken

Bitcoin’s price has failed to recover above the $64K resistance level since its significant drop in the first week of August. Yet, there are several support levels available to turn…

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Bitcoin Price Analysis: BTC Loses Momentum With Possible Price Declines to $56K and $52K

Bitcoin’s price has been showing a willingness to drop lower. However, market fundamentals point to something different. BTC is down by nearly 10% in the past week, currently struggling to…

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Bitcoin Price Analysis: A Plunge to $56K Is Possible if BTC Fails to Overcome This Resistance

Bitcoin’s price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if…

Continue ReadingBitcoin Price Analysis: A Plunge to $56K Is Possible if BTC Fails to Overcome This Resistance