Tag: btcusd price
Bitcoin Price Analysis: BTC/USD Another Quick Pullback Play
Bitcoin continues to climb inside an ascending channel as it recently busted through the key $7,000 handle. Price is hitting a roadblock at the resistance,…
Bitcoin Price Analysis: BTC/USD Long-Term Reversal Underway?
Bitcoin appears to be gaining a bit more traction on its latest bounce, possibly creating a long-term double bottom pattern. This is seen as a…
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 above…
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 the…
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 side…
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 pulling…
Bitcoin Price Analysis: BTC/USD Still Under Heavy Pressure
Bitcoin made a sharp tumble below the area of interest at the $6,800 level, and many are pinning the blame on the SEC decision to…
