Bitcoin Price Analysis: BTC Heading for a Critical Weekly Close, Will $52.9k Hold?
BTC had an impressive run this week, managing to push above a key downtrend line and the September high at $52.9k. It managed to hit an intraweek high of $56.1k,…
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Crypto Price Analysis & Overview October 8th: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot
Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above…
Bitcoin Price Analysis: BTC Spikes to 5-Month High, What Are The Next Levels to Watch?
October has been exciting for the bulls as BTC continues to push above multiple major resistance levels. The first week of the month isn’t even complete, and BTC has already…
Bitcoin Price Analysis: BTC Reclaims Critical Level Following a Strong Weekly Close, Here Are Next Targets
September was a volatile month full of liquidation events, FUD, global risk-off, uncertainty over monetary policy, and a rising dollar. Yet, Bitcoin managed to hold the larger technical structure at…
Bitcoin Price Analysis: BTC Soars Above Short-term Key Resistance, $50k Incoming?
Bitcoin has been outperforming global stocks even in a risk-off environment as investors have been waiting to see if support at $40k would hold. Today’s strong rally could be the…
Bitcoin Price Analysis: BTC Retests Key Support for the 3rd Time – Bottom In?
BTC continues to consolidate with multiple retests of the critical $40.7k higher low. Recent global risk-off added some selling pressure to BTC, but so far, it appears $40.7k is holding…
Bitcoin Price Analysis: China FUD Caused Heavy Liquidations, Is the Bottom In?
Just as Bitcoin rallied slightly above $45k on Friday, recycled news on China’s central bank vowing to ban crypto trading for Chinese citizens came out, liquidating more than $600 million…
Bitcoin Price Analysis: After BTC’s Quick Dip Below $40k, Is Local Bottom Confirmed?
Global risk-off, uncertainty over Evergrande’s debt crisis, and large liquidations have been pressuring Bitcoin lately. The near-term chart may look bearish, but the fundamental and on-chain trend remain firmly bullish,…
Bitcoin Plunges on Global Stocks Crash, Where is The Next Critical Support? (BTC Price Analysis)
After a week of global stocks selling off and BTC managing to hold quite well, the pressure continues as SPX futures dropped sharply as fear and uncertainty regarding Evergrande’s $300B…
Bitcoin Price Analysis: BTC Approaching $50K With a Solid Weekend Rally
BTC has been showing near-term signs of strength, especially after reclaiming the 200-moving average on the 4-hour chart and holding $47.2k, a key level of support. What’s notable is that…