Bitcoin price is still well below its former record, but the top cryptocurrency by market cap at the time of this writing is making another attempt to reclaim lost support near all-time…
Category: Bitcoin
Bitcoin Prints Bearish Technical Pattern, Why It Could Revisit $32.2K
Bitcoin price is correcting gains and it is trading well below $35,000 against the US Dollar. BTC could decline further if it stays below $34,400. Bitcoin started a downside correction below the…
Bitcoin Whales Accumulate 60,000 Bitcoins In A Day. What Happens Now?
Bitcoin whales have resumed accumulating coins in what has turned out to be the biggest Bitcoin accumulation event in 2021. A number of Bitcoin whales addresses that currently hold a number of…
Bitcoin Correcting Gains, What Could Trigger Fresh Rally
Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is likely to find a strong support near the $34,000 zone in the near term. Bitcoin started a…
Building The Case For A Potential Bitcoin False Bottom
Bitcoin price action is fickle lately, moving mostly sideways with a number of unsuccessful breakout attempts. The fact that $30,000 simply won’t break brings back memories of bear market support at $6,000…
Bitcoin Whale Warns Of “November 2018 Vibes.” What This Means
Known Bitcoin whale JOE007 compared current market trends to November 2018 trends. Calling it November 2018 vibes. This was in reply to a tweet that called Bitcoin at $30K the new Bitcoin…
Bitcoin Price Reaches Key Support, Why BTC Could Start Fresh Increase
Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching a major suppot near $32,350, where the bulls might take a stand. Bitcoin started a downside…
Bull Signal From Bitcoin Bottom Is Best Hope Yet For Continuation
Bitcoin price continues to struggle to regain any type of bullish momentum, and keeps grinding at repeatedly tested support. In the past, when this happens, the support ultimately breaks down and a…
Why Bitcoin Price Could Turn Bearish Again If It Breaks $34K
Bitcoin price failed to stay above the key $35,000 support zone against the US Dollar. BTC is declining and it could slide heavily if there is a close below $34,000. Bitcoin started…
Analyzing The Critical Bitcoin June 2021 Monthly Close
Today, June 30 marks the last day of the month, and after around 8PM ET the Bitcoin monthly candle will come to a close. This monthly candle isn’t anywhere as damaging as…