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In the past few days, we saw Bitcoin’s price nearly touching $60K again and it’s now important to reclaim the 21-ay MA in the near term. Meanwhile, the strong resistance…
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to…
Bitcoin continues to hold the 21-day, 21-day EMA, and $60K levels which is a near-term positive signal. There has been some profit-taking from the 2-to-3-year and 5-year old coins, but…
October has so far been a solid month for BTC, currently higher by 40% for the month, after the September shake out. The overall trend in fundamentals and on-chain remain…
Bitcoin’s price made a daily close below $60K, the 21-day, and the 21-day EMA, which is a cautious signal in the near term. There’s a snap-back scenario in the cards…
Bitcoin’s price went through a lot in the past few days. Last Wednesday, exactly a week ago, the cryptocurrency painted a fresh all-time high at roughly $67K (on Bitstamp). Now,…
The near-term pullback managed to find support at $59.5K and successfully held $60K on a daily closing basis. The significant rally with elevated open interest, high funding rates, and leverage…
Bitcoin’s price finally entered a correction to flush out the leverage, cool off the overbought conditions, and help build a structure after the large rally in the past three weeks.…
Bitcoin managed to complete a daily close above the previous all-time high at $64.8K at $66K. This is an early bullish signal, but it’s not enough to fully confirm the…
Bitcoin’s price continues to show strength, and it’s trading very close to the all-time highs, with an intraday high at around $64,600 (on Bitstamp) at the time of this writing.…