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Bitcoin’s price rally slowed down after getting rejected at the 200-day moving average line amid the $48K range. The 1-Day Timeframe Technical Analysis by Edris The price dropped lower since…
Bitcoin’s price entered into a correction for the past few days and is now down some 5% on the week. In this analysis, we take a look at the major…
Bitcoin’s rally has come to a halt as the price was rejected from the significant 200-day moving average. Technical Analysis By: Edris Daily timeframe: Chart by TradingView Historically, the 200-day…
Bitcoin has failed to break above its 200-day moving average – a crucial level for the price and is currently consolidating below it. However, the cryptocurrency experienced a shakeout and…
Despite being up about 5% on the day, BTC’s price took a beating in the past couple of days. It appears that the bulls are attempting to retake control, although…
The sentiment in the cryptocurrency market has improved considerably during the previous week, as prices have increased and the $45K major supply zone has been broken. Bitcoin is presently trading…
After almost three months of consolidation, Bitcoin’s price finally broke out of the $33 – $46K range. The Daily Timeframe Technical Analysis By: Edris The price has broken above the…
It finally happened: After four failed attempts during the first months of 2022, Bitcoin managed to overcome the critical resistance line at $46K and the hope returned to the market.…
Bitcoin was unable to continue above $43K despite its most recent attempts to do so. The price has circled back to $42,000. In this analysis, we take a closer look…
Bitcoin is resuming its flat price action, consolidating inside a huge bearish flag. Currently, the price is struggling with the $42K level. In case of a breakout and a higher…