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Bitcoin has been on a free fall for the last few days, concluding six consecutive red weeks. The price had recently broken below the $37K level, which had provided solid…
After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum.…
Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis…
Bitcoin’s RSI has been rejected from a significant long-term trendline three times. When the RSI hit the mentioned trendline, the price plummeted sharply and was rejected. To provide prospects of…
Bitcoin has slowly declined over the past few days. The price got rejected at the 100-day moving average line twice last week, and now the 100-day and 50-day moving average…
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…
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…
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…
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…
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…