Bitcoin Bearish Weekly Close: $76K Support Still Holds
The Bitcoin price suffered a lacklustre close below $77K on Sunday in the weekly chart. That said, the current support floor of $76K did hold, and the $BTC price is trying to bounce back on […]
The Bitcoin price suffered a lacklustre close below $77K on Sunday in the weekly chart. That said, the current support floor of $76K did hold, and the $BTC price is trying to bounce back on […]
The US, and by extension the global economy are under strain as government bond yields continue to rise. The US 10 year bond yield surged above 5% on Tuesday and this has impacted the crypto […]
With the market still nervously processing Fed Chair Warsh’s rather hawkish Jackson Hole speech on Friday, the Bitcoin price moved lower. Currently rebounding to $78K, is the $BTC price in for more consolidation as the […]
The Bitcoin price has been going sideways for nearly two weeks now. A flag pattern is potentially soon to break. Will it be to the upside, followed by a rally to the key overhead resistance, […]
The fat lady may not be singing quite yet, but the bears are perhaps about to wrest control from the bulls and push the Bitcoin price lower. Is there still a possibility that the bulls […]
After continuing a dip from $79K, the $BTC price held above the $76K horizontal support and the bulls were able to send the price back up again. Having attained the bottom of the bull pennant […]
After breaking out last Thursday, the Bitcoin price managed to tag the key overhead resistance at $82,350 before being rejected. This means yet another higher high has been made. After some more consolidation, can the […]
The Bitcoin price has been steadily losing ground since making the last local high at $82,300. Currently at $78,400, the $BTC price could be heading back to the bottom of a channel at $77K, or […]
After a dip of around 5.5% the Bitcoin price looks as though it has turned around and may be heading back to the key $82K horizontal resistance level. Can it break through this time, or […]
The Bitcoin price is continuing to slide lower. Currently sitting on the $78K horizontal support level, could the price be on the way down to $76K? Momentum indicators suggest that a breakout might be on […]
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