The Bitcoin price potentially reached a top of $81,250 on Monday. Was this a local top? If so, what are the downside targets? On the other hand, if there is more upside to come, how […]
After hitting a new local high of $81,250 on Tuesday, many are thinking that this might have been the top for Bitcoin. However, a day later and the $BTC price is generally going sideways. Could […]
Have the last seven days just been about consolidation for the Bitcoin price? This up and sideways price action has allowed the shorter term momentum indicators to reset. Could this mean that the rally is […]
The Bitcoin price is continuing to grind higher with the major higher high target of $83K not too far away. Is Bitcoin about to come back and retest horizontal support at $79K before going higher? […]
In spite of the relatively benign US inflation figures released on Wednesday, Bitcoin dipped more than $1,000 on the news, falling back to the bear market trendline. Has this put paid to the current rally […]
The Bitcoin price has extended its correction down to a reduction of 4% ($2,600). Currently sitting on the bull market trendline and possibly facing this firm support being turned into resistance, is this the time […]
Despite bearish price action more or less throughout last week, the $BTC price has started brightly on Monday, recovering some of the lost gains, and getting back above the key bull market support trendline. Could […]
The $BTC price has finally rallied after worrying investors on Sunday with a dip below the bull market trendline to $62,660. Monday dawned brightly and the price shot up to $64,500. Now becoming overbought on […]
Having risen out of a double bottom and a retest of the bull market trendline, the $BTC price put on around $2,000 in a relatively short amount of time. However, the rally is faltering. Can […]
The US Federal Reserve felt obliged to come into the market on Wednesday and buy long-dated treasury bonds in order to stem the creeping tide of higher bond yields. The market reacted positively and Bitcoin […]
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