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Bitcoin’s price has been consolidating between the $20K and $24K level over the last couple of months, after a rapid crash from the $30K level. The $17K-$20K support area has…
Bitcoin’s price has rebounded from the $20K area, making a couple of higher highs and lows. This type of structure can indicate that the market is finally beginning to see…
Bitcoin has typically experienced two phases in each cycle; a bull market in which the price surges and records a new all-time high, followed by a bear market when the…
The crypto industry is experiencing a prolonged ongoing bear market and is down more than 70% since recording its all-time high during the late months of 2021. However, the recent…
Bitcoin price action resembles a bottom formation phase, as it has rebounded from the $17K-$20K range. After creating multiple higher highs and lows over the last few weeks, the market…
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,…