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Bitcoin Price Analysis: BTC Can Drop Below $24K Before Any Possible Relief Rally

Bitcoin has experienced a choppy price action following nine consecutive red weekly candles. Over the past few days, the price has consolidated between the $28K and $31K range. This is…

Continue ReadingBitcoin Price Analysis: BTC Can Drop Below $24K Before Any Possible Relief Rally

Bitcoin Struggles Around $30K but Is The Bottom Getting Closer? (BTC Price Analysis)

Bitcoin’s price has been consolidating for almost a month, as the price failed to break below or rebound from the $30K area over an extended period. This is a significant…

Continue ReadingBitcoin Struggles Around $30K but Is The Bottom Getting Closer? (BTC Price Analysis)

Bitcoin Reclaims $30K, Here’s the Next Target to the Upside (BTC Price Analysis)

Even though BTC was able to recover about $30K, it’s important to note that on a more macro scale, the situation remains the same. The cryptocurrency is still trading within…

Continue ReadingBitcoin Reclaims $30K, Here’s the Next Target to the Upside (BTC Price Analysis)

Bitcoin’s Consolidation at $29K Continues, is a Recovery Inbound? (BTC Price Analysis)

A descending channel has accompanied Bitcoin’s price since setting a new all-time high of $69K, clearly indicating a bearish phase. The following is aimed at investigating and evaluating possible scenarios…

Continue ReadingBitcoin’s Consolidation at $29K Continues, is a Recovery Inbound? (BTC Price Analysis)