A 5.4% gain for the Bitcoin price over the last five days may have come to an end. With the bulls unable to push the price up through the $66K horizontal level, the path of […]
After falling below the 200-day Simple Moving Average, the $BTC price is on the brink of collapse. However, the $60K horizontal support level is holding for now. Will a collapse down to the low $50K […]
Amid further talks between the US and Iran in Switzerland following yet another closure of the Strait of Hormuz, the $BTC price was still able to mark a higher low at around $62,200. If the […]
The Bitcoin price fell out of a head and shoulders setup on Tuesday, confirmed the pattern, and then plummeted down to make a new low at $59K. Can the current relief rally take the $BTC […]
The $BTC price has just confirmed below the neckline of a bearish head and shoulders pattern. Could the price now go down to $57K, or will a fakeout catch traders by surprise? Head and shoulders […]
The Bitcoin price is still rallying, having climbed above the major horizontal resistance at $66K. Can the bulls hold onto these gains and push this rally higher, or is this just temporary relief before this […]
The US and Iran may have reached agreement on stopping conflict, but the U.S. stock market is not taking part in any euphoria and is instead rather unsettled. A lower high in the S&P 500 […]
The $BTC price has come down to the bottom of a potential bear flag and has also tagged support at $63,700. With this relatively firm base beneath, Bitcoin looks set to embark on the next […]
The Bitcoin price has fallen out of a bear flag/channel structure and is now holding below $63K. Are the bears completely in charge now, and could a new low be incoming? Channel breakdown target below […]
While on-chain data suggests an optimistic outlook, demand conditions and net supply expansion suggest otherwise. Historical on-chain data suggest that bitcoin (BTC) may be nearing a bottom in this bear market, but demand conditions […]
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