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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…
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…