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Market movements are frequently consisting of two phases – an expansion phase where the price changes sharply in either direction, followed by a correction phase in which the price forms…
Bitcoin has been experiencing what seems to be a prolonged bear market and is down more than 74% from its all-time high. Historically, the 200-week moving average has significantly supported…
The $19K demand zone has served as a significant support level for Bitcoin’s price over the past few weeks resulting in a short-term rally towards the 50-day moving average at…
Bitcoin’s price has been moving to the upside recently after rebounding from the $20K support area. However, it seems like the rally is coming to a halt, as the price…
Bitcoin’s rapid downtrend has halted, as the price has been hovering above the $17K-$20K area over the past few weeks. After getting rejected three times from the $20K support zone,…
Over the past week, Bitcoin had been fluctuating around the $20k confluence zone showing no real signs of a possible rebound: low volatility, lack of demand, and choppy price action.…
Bitcoin’s price has been consolidating between the $20K and $23K over the last few weeks, following a massive crash from the $30K mark. So far, the price has been supported…
There are no signs of strength or rebound in Bitcoin’s price while the cryptocurrency has been experiencing choppy price action with low overall volatility (with certain exceptions). The price is…
Bitcoin’s price has been consolidating above the 2017 all-time high range of $17K-$20K over the past few weeks, after a sharp decline from the $30K level in June. The price…
The primary cryptocurrency has slightly recovered in the last few days and was able to reclaim the $20K level. This area is the previous 2017 ATH and acts as a…