The $28K – $30K decisive demand zone and the channel’s mid-line have served as reliable support for the price in the past few days, leading to a 13% rebound. In…

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…

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…

Bitcoin has remained around the critical support for more than two weeks despite all the fear and doubt in the market. It appears that investors are partially sitting on the…

Bitcoin’s rapid downtrend has halted, as the price has been consolidating in the $29K-$30K area over the last few days. The $28K-$30K bottom of the 2021 crash is currently acting…

Currently, the price is consolidating inside a crucial demand zone. However, considering the current global markets’ sentiment and recent price action, it’s too early to label the present region as…

Bitcoin’s price has been consolidating for the last few days, and the decrease from $48K has slowed down by forming support at the $30K level. Technical Analysis By Edris The…

Despite the relative calmness in the market, the price action is not showing signs of a robust recovery. Although the US stock closed yesterday with a green candle and the…

Over the last ten days, the $30K demand zone, which was expected to be a strong support level for reversing any downtrend price movement, was broken to the downside. Now,…

After a few weeks of consolidation, Bitcoin was unable to increase and eventually broke to the downside. This resulted in a considerable liquidation cascade and a drop below the critical…