Tag: BTC
Bitcoin Price Analysis: BTC/USD Wait for a Triangle Break
Bitcoin has formed lower highs and higher lows to consolidate inside a symmetrical triangle formation. Price is bouncing off the top of the triangle and…
Bitcoin Price Analysis: BTC/USD Bottoming Out But Still a Long Way To Go
Bitcoin continues to gain traction on its bounce as it starts to form an ascending channel on its short-term time frames. Price is testing the…
Bitcoin Price Analysis: BTC/USD More Bullish Confirmation
Bitcoin broke to the upside of its short-term descending channel to signal that a reversal is underway. However, resistance at $4,450 appears to be holding…
Bitcoin Price Analysis: BTC/USD Early Bullish Signals
Bitcoin managed to bust through the top of its descending channel on the 1-hour chart to signal that a reversal from the earlier slide is…
Bitcoin Price Analysis: BTC/USD Aiming for Channel Support Again?
Bitcoin bounced off the area of interest highlighted in the previous article, confirming that selling pressure is still in play. Price might be moving in…
Ohio to Allow Businesses to Pay Taxes with Bitcoin
The state of Ohio has reportedly become the first to allow taxes to be paid in Bitcoin. The move comes despite the digital currency’s falling prices…
Bitcoin Price Analysis: BTC/USD Bearish Pullback Going On
Bitcoin has formed lower highs to trend below a descending trend line on its 1-hour chart. Price is currently testing this resistance level and might…
Bitcoin Price Analysis: BTC/USD Bounce Back to $5,000?
Bitcoin is trending lower and is creating a descending trend line with its lower lows since last week. Price looks prime for another test of…
Bitcoin Price Analysis: BTC/USD Aiming for $2,000?
Bitcoin is gaining bearish momentum since its downside break from a falling wedge pattern. Price appears to be forming a descending channel on its daily…
