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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…
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…
Over the past week, the price of bitcoin has been plummeting with strong bearish momentum, resulting in a break below the 50-day and 100-day moving averages lines on the daily…
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…
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…
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…