2019-8-20 14:00 |
Having faced rejection near $11,000 earlier today, bitcoin is looking weak and may end up falling below $10,000 in the next 24 hours.
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After a strong rejection near $12,000, bitcoin price started a fresh decline against the US Dollar. A swing high was formed near $12,053 and recently declined below $11,800 and $11,400. There was a break below a major bullish trend line with support near $11,840 on the hourly chart of the BTC/USD pair (data feed from.
2019-7-5 09:00 | |
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Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support.
2019-3-1 03:44 | |
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Bitcoin had a brief drop below the support level at $3476 today to form a new low near $3400. Price quickly recovered back above the support level showing a rejection of prices below $3476 by traders and had since been recording more bullish movements.
2019-1-22 18:29 | |
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EOS price spiked above the $5. 30 and $5. 40 levels against the US Dollar. EOS/USD faced an important hurdle near $5. 50 and reversed its gains. Key Talking Points EOS price faced an important resistance near the $5.
2018-10-15 12:13 | |
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Yesterday, the news was released stating that the SEC was rejecting ProShares Bitcoin ETF proposition. The ETF had little chance, but the price of Bitcoin dropped on the news regardless. The low point of the drop approached support near the $6240 point but quickly bounced back up.
2018-8-24 16:38 | |
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