Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering…
Author: Ericka Turcotte
I have worked in the financial sector for over 10 years and have a keen interest in cryptocurrency. I have been writing about crypto for the past two years and have become one of the most respected authors in the space. I have a deep understanding of how this new asset class works and am able to provide insights that are both interesting and useful to my readers.
Bitcoin Bulls And Bears Alike Beware Of Potential Pump And Dump Fractal
Bitcoin price has been stuck trading within a small symmetrical triangle. These continuation patterns tend to suggest another equal sized move down is coming. However, a sweep of lows would “perfect” a…
Bitcoin Resumes Slide, Why BTC Could Extend Losses In Short-Term
Bitcoin price failed to stay above the $35,000 support against the US Dollar. BTC is declining and it is likely to extend losses below $33,000 in the short-term. Bitcoin started a fresh…
Bitcoin Indicator Behavior Mimics Historic Rally
Bitcoin price keeps sinking, but has kept mostly sideways leaving bears unable to break support to new lows. With the trading range at a pivotal point, as one trading legend often says…
Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave
Bitcoin price extended its decline below the $33,000 support zone against the US Dollar. BTC is currently recovering and it must stay above $30,000 to avoid a larger decline. Bitcoin extended its…
Bitcoin Daily Dragonfly Doji Gives Bulls Hope Of Sharp Reversal
Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a…
Bitcoin Recovers Sharply, Why BTC Could Rally Further Above $38K
Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started…
How Extreme Fear In Crypto Correlates With Bitcoin Bottoms
The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has…
Bitcoin Signals Fresh Decline, Why Dips Could Be Limited In BTC
Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but it failed…
Why Bitcoin Could Slingshot Back To Lows Before Gaining Momentum
Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like…
