Tag: BTC

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Bitcoin Price Analysis: BTC/USD Bulls Back in Defensive Mode?

Bitcoin tumbled sharply over the past 24 hours but seems to have found some support at the bottom of its ascending channel. A bounce...

Lightning Network and Its Impact on Bitcoin and Litecoin

One significant barrier to mass adoption of Bitcoin has been its scalability issue. Let's explore how the Lightning Network attempts to address this problem. The...

Bitcoin Price Analysis: BTC/USD Approaching Area of Interest

Bitcoin is still trending lower inside its short-term descending channel but might be due for a bounce to the top. Support held and a...

Bitcoin Price Analysis: BTC/USD Short-Term Area of Interest Holding

Bitcoin recently fell through support around the $6,550 area and dipped to a low of $6,460 before pulling up. The broken support appears to...

Bitcoin Price Analysis: BTC/USD Falling Wedge Forming

Bitcoin has formed lower highs and slightly lower lows to create a falling wedge pattern visible on the 1-hour chart. Price just bounced off...

Bitcoin Price Analysis: BTC/USD Reversal Underway?

Bitcoin could be due for a rally as it completes a double bottom reversal pattern on its 1-hour chart. Price failed in its last...

Bitcoin is a Safer Investment Than Amazon and Netflix Stock

Market analytics reveal that the 20-day historical volatility (HV) of Bitcoin has dropped to 31.5 percent. This is lower than the volatility of Amazon.com...

Bitcoin Price Analysis: BTC/USD Are Bears Regaining Control?

Bitcoin could be due to resume its slide as it hit resistance at the top of a short-term descending channel visible on the 1-hour...

Bitcoin Price Analysis: BTC/USD Another Breakout Attempt?

Bitcoin is attempting to close above the top of its descending triangle on the 4-hour time frame once more, but technical indicators signal that...

Bitcoin Price Analysis: BTC/USD Buyers Waiting at Channel Bottom?

Bitcoin is retreating from its recent rally but could be due for a bounce off support soon as it approaches the bottom of its...

Bitcoin Price Analysis: BTC/USD Early Bullish Signals

Bitcoin recently consolidated inside a pennant or symmetrical triangle pattern just above an area of interest. Price is showing early bullish signs as it...

Bitcoin Price Analysis: BTC/USD Bullish Flag at Range Resistance

Bitcoin price recently busted through several key resistance levels and consolidation patterns to indicate that gains are in the cards. However, price is currently...