Tag: bitcoin technical analysis

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Bitcoin Price Analysis: BTC/USD Aiming Lower

Bitcoin still seems to be stuck in consolidation for now in what appears to be a bearish flag formation after the recent slide. In...

Bitcoin Price Analysis: BTC/USD Approaching Key Support Again

Bitcoin price was once again rejected on a test of resistance, so it's now making its way back down to support at $5,800. This...

Bitcoin Price Analysis: BTC/USD Bearish Divergence at Wedge Top

Bitcoin has climbed enough to reach the top of its falling wedge pattern visible on the daily time frame. Sellers might be ready to...

Bitcoin Price Analysis: BTC/USD Ready to Break Higher?

Bitcoin is still stuck inside its rising wedge pattern on the short-term time frames but is making another attempt to break out. Price has...

Bitcoin Price Analysis: BTC/USD Classic Correction Setup

Bitcoin continues to climb inside its ascending channel visible on short-term time frames, indicating that bulls are slowly gaining traction. However, Bitcoin price is hitting...

Bitcoin Price Analysis: BTC/USD in Bullish Correction Mode

Bitcoin recently busted through the near-term resistance at the $6,500 to $6,600 levels to signal that buyers are gaining traction. Price is also moving...

Bitcoin Price Analysis: BTC/USD Ceiling Holds, Back to the Floor?

Bitcoin was once again rejected on a test of an area of interest visible on the 4-hour time frame. Price could fall back to...

Bitcoin Price Analysis: Potential Reversal Formation

Bitcoin could be done with its downtrend as it forms a classic reversal pattern on its 1-hour time frame. Price is completing the right...

Bitcoin Price Analysis: BTC/USD Looking at Upside Targets?

Bitcoin was able to break past a short-term descending trend line to signal that a reversal from the downtrend is in order. Price is...

Bitcoin Price Analysis for January 7th, 2018 – Bears in Control

After recording a day high of around $17,244 on Bitfinex yesterday, bitcoin price declined to $16,033 during today's trading sessions. Regardless of technical analysis...

Bitcoin Price Weekly Analysis (14th of October, 2017)

The previous week has been the most bullish week for bitcoin since the genesis block was first mined, as its price gained around $1,300...

Bitcoin Price Weekly Analysis (19th of September, 2017)

After dropping down to a week low of around $3,004 last Friday, the bearish wave, that has been reigning the market since the beginning...