Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short lived dip below support finally resulted in a worthwhile bounce, leaving behind…
Category: Bitcoin
Bitcoin Tops Near $35K, What Could Trigger Fresh Decline To $30K
Bitcoin price recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses. Bitcoin started…
Here’s The Level Bitcoin Bulls Must Reclaim For Setup To $49K
Bitcoin recently had a crash below $30k this week. For the first time since January 2021. $30k had been the stronghold for the coin for a long time since bitcoin began its…
Bitcoin Prints Bullish Pattern, Here’s Why 100 SMA Holds The Key
Bitcoin price dived below $30,000 before it started a major recovery against the US Dollar. BTC is back above $32,000, but it must clear the 100 hourly SMA for more gains. Bitcoin…
Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?
The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it’s starting to seem like there is…
Bitcoin Price Breaks Below $30,000 Support, Erasing 2021 Rally
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 –…
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…
