Tag: BTC/USD
Bitcoin Price Analysis: BTC/USD Near-Term Roadblock But Uptrend Intact
Bitcoin broke below its short-term rising channel to signal that bearish action is back in play. However, the longer-term ascending channel remains very much intact…
Bitcoin Price Analysis: BTC/USD Buyers Ready to Return Here?
Bitcoin has been trending higher in an ascending channel seen on its 1-hour time frame and bounced off the top. This suggests that a pullback…
Bitcoin Price Analysis: BTC/USD Next Upside Targets on Rebound
Bitcoin looks ready to resume its climb as support on its ascending channel kept losses at bay. The Fibonacci extension tool gives a more precise…
Bitcoin Price Analysis: BTC/USD Channel Support Held, $7,000 Next?
Bitcoin is down to the bottom of its ascending channel on the 4-hour time frame but it looks like bulls are returning to defend support.…
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 off…
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 correction…
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 be…
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 the…
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 two…















