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…
Category: Bitcoin
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…
Bitcoin Faces Another Rejection, Here’s What Could Trigger Nasty Decline
Bitcoin price climbed above the $38,000 resistance against the US Dollar, but it failed near $39,500. BTC is correcting lower and it might dive if it breaks the $37,000 support. Bitcoin failed…
Why Bitcoin Price Could Be Destined To Retrace To $14K
Bitcoin price just saw the worst high timeframe correction in years, falling sharping by 50% and instilling fear across the market. The turn in sentiment has everyone guessing where the now bearish…
Bitcoin Still Struggling Near $38K, Here’s Why 100 SMA Is The Key
Bitcoin price made another attempt to clear the $38,000 resistance against the US Dollar, but it failed. BTC is correcting lower, but it might find bids near the 100 hourly SMA. Bitcoin…
Bulls Beware: Bears Have Only Now Taken Control Over Bitcoin
Debate surrounding if the Bitcoin bull market is over due to the recent correction is at a full boil, while many are already searching for a bottom of the current downtrend. Bulls…
Bitcoin Steadies above 100 SMA, Here’s How BTC Could Start Fresh Increase
Bitcoin price corrected lower from the $38,000 resistance zone against the US Dollar. BTC is holding the 100 hourly SMA and it could start a fresh increase in the near term. Bitcoin…
