Bitcoin price is now below $30,000 for the first time since making the 2021 rally now a memory. The leading cryptocurrency by market cap first opened the year at around $28,800 –…
Author: Ericka Turcotte
Bitcoin Eyes Recovery, Here’s Why BTC Could Struggle Near $35K
Bitcoin price extended its decline and tested the $31,500 zone against the US Dollar. BTC is now recovering losses, but it is likely to face sellers near $34,000 and $35,000. Bitcoin remained…
Factors Stack In Favor Of Bullish Bitcoin Fractal, Despite Latest Plunge
Bitcoin price action is back in the low $30,000 range, after another failed attempt to reach $40,000 over the Father’s Day weekend. The effort from bulls is getting weaker and weaker, even…
Bitcoin Turns Red, Here’s Why BTC Could Resume Its Decline
Bitcoin price started a fresh decline after it failed to clear $38,000 against the US Dollar. BTC is now struggling below $36,500 and it remains at a risk of more losses. Bitcoin…
The Missing Ingredient From A Full On Bitcoin Reversal
Bitcoin price is back around $35,000 and has failed to retake $40,000 despite several low timeframe reversal signals building. When looking back at past breakdowns following significant rallies, there could be a…
Bitcoin Trims Gains, What Could Trigger Fresh Drop To $35K
Bitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the near term….
Could The Golden Ratio Provide Clues To The Bitcoin Bottom?
Bitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the Golden Ratio….
Bitcoin Dips From $40K, Here’s Why Uptrend Is Still Intact In BTC
Bitcoin price started a downside correction from well above $40,000 against the US Dollar. BTC is now trading near a major support at $38,000, where the bulls are currently active. Bitcoin started…
Legendary Technical Analyst John Bolinger
Technical analyst John Bolinger says that the price of Bitcoin is trying to move up. He pointed out that the first real target is the bottom side of the prior. This means…
Bitcoin Bulls Reclaim Cloud But Stormy Days Still Ahead
Bitcoin price is struggling to hold above $40,000 and is now below it. On the three-day timeframe, the top cryptocurrency is also well back within the Ichimoku cloud, suggesting there’s more support…
