$60K is now more likely for Bitcoin than $20K, Bloomberg's senior strategist asserts

$60K is now more likely for Bitcoin than $20K, Bloomberg's senior strategist asserts
фото показано с : cointelegraph.com

2021-7-25 18:12

The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar.

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bitcoin treats latest analyst crypto dollar bullish

bitcoin treats → Результатов: 11


Фото:

Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.

2019-3-23 01:23


Фото:

Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22