Tag: momentum
Bitcoin Threatening Bearish Continuation
Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of the…
Bitcoin Breaks Above Consolidation; Resistance Factors Tested
Consolidation Breakout: Bitcoin fell from 523 last week to a low of 470 this week. After consolidating between 470 and 490 for a few sessions,…
Litecoin Awaiting Breakout from Consolidation
Litecoin fell from last week’s high of 5.89 to 4.75, which is the low so far this week. The 1H chart shows a market that…
Will Bitcoin Remain Bearish?
Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100, until…
