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Bitcoin Faces Sharp Rejection at $40K, Here’s the Level to Watch (BTC Price Analysis)

BTC’s price was unable to reclaim the significant psychological level of $40K and was rejected rather convincingly by the bears. Here are the next important levels to consider. Technical Analysis…

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Bitcoin, Ethereum Technical Analysis: BTC Slips Below $40,000 yet Again, Following Brief Rebound on Tuesday 

Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH…

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Bitcoin Battles for $40K but Was Local Bottom Confirmed? (BTC Price Analysis)

Bitcoin’s price is still consolidating at the $40K area, following a rejection from the 50-day and 100-day moving averages. These levels act as resistance after getting broken to the downside…

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Bitcoin Is About to Lose Key Support Area, Is $37K Incoming? (BTC Price Analysis)

Last week, the 50-day and 100-day moving average lines went through a bullish crossover; however, Bitcoin failed to continue the bullish momentum and experienced a price shakeout. Later in the…

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Following the 2-Day Spike to $42K, Is Local Bottom Confirmed? (Bitcoin Price Analysis)

Last week, the 50-day and 100-day moving average lines went through a bullish crossover, but instead of holding the price, Bitcoin sharply dropped to lower levels. The good news is…

Continue ReadingFollowing the 2-Day Spike to $42K, Is Local Bottom Confirmed? (Bitcoin Price Analysis)

These Are the Key Levels to Watch As BTC Broke Below $40K (Bitcoin Price Analysis)

Bitcoin’s price has been rejected from the 200-day moving average and is currently experiencing a sharp downtrend. The Daily Timeframe Technical Analysis By: Edris The 50-day and 100-day moving average…

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BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K?

Technical Analysis By: Edris Daily timeframe: Source: TradingView Bitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. This level has…

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BTC Price Analysis: Bitcoin Dips Below $40K For the First Time in a Month, What’s Next?

The 200-day moving average has significantly hindered the recent bullish surge, resulting in a substantial price decline. Bears are currently in control of the market, and the price is plummeting…

Continue ReadingBTC Price Analysis: Bitcoin Dips Below $40K For the First Time in a Month, What’s Next?