Bitcoin Price Analysis - 5th March 2021

2021-3-6 14:01

High timeframe trend indicators, including the Williams Alligator, suggest current price action sits in a period of consolidation, with no discernible bullish or bearish bias.

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price consolidation period sits action bearish bias

price consolidation → Результатов: 126


Фото:

Bitcoin Crosses $1 Trillion Milestone as Buying Frenzy Continues

Bitcoin has seen some wild price action throughout the past couple of days, with bulls driving the crypto higher and putting a firm end to its recent consolidation phase This has allowed the benchmark cryptocurrency to cross the $1 trillion market cap milestone It is now one of the largest currencies in the world by market cap and ranks high when stacked against the market caps of the world’s largest companies The crypto is showing […]

2021-2-20 21:34


Bitcoin Clears Key Range as Analysts Eye Move to $55,000 in Near-Term

Bitcoin saw some wild price action yesterday on the heels of news surrounding Tesla’s massive $1.5b Bitcoin purchase The crypto instantly rallied from the upper-$30,000 region to highs of $45,000 before it found some resistance Following a brief consolidation phase and slight selloff, the crypto kicked off round two of its uptrend later in the afternoon, surging to fresh all-time highs of $48,000 Its price now seems to be fairly stable and isn’t showing any […]

2021-2-10 21:00


Bitcoin Supply in Exchange Wallets Reaches 2.5 Year Low

Nearly 18,500 bitcoins (BTC) worth $625 million have moved off exchanges over the last week. The bitcoin price had surged over 3,5% at press time and now sits at almost $37,000. Combined with a large liquidity crunch currently seen on crypto exchanges, increasing demand, and the awaited resolution of lengthy consolidation, it may be time … Continued The post Bitcoin Supply in Exchange Wallets Reaches 2.5 Year Low appeared first on BeInCrypto.

2021-2-3 19:33


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Cardano (ADA) surges 32% as it approaches the $0.50 mark

Cardano’s (ADA) price broke out of sideways consolidation as it surged by more than 15% on 1 February. The bullish momentum is still present as ADA gained over 20% in the past 24 hours. What’s next in store for Cardano and should you buy ADA at the moment? Fundamental analysis: Cardano’s active developer base made […] The post Cardano (ADA) surges 32% as it approaches the $0.50 mark appeared first on Invezz.

2021-2-3 22:18


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Bitcoin’s Recent Price Action Marks a “Dream Scenario” for Bulls; Here’s Why

Bitcoin’s bout of consolidation appears to be drawing to a close, with the benchmark crypto now gaining some serious momentum Bulls finally broke the long-held trading range that the crypto had previously been stuck within, which is providing BTC with immense strength The crypto’s rally is allowing it to regain some dominance over the aggregated market, with Ethereum and many altcoins all dropping slightly against their BTC trading pairs One trader is noting that this […]

2021-1-25 22:00


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Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or weakness, which likely means that it is bound to see some sideways […]

2021-1-24 23:00


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Bitcoin “Bear Whales” Show Signs of Exhaustion as Analysts Eye Upside

Bitcoin’s price has been fairly stagnant throughout the past few days, with its recent rejection at highs of $28,500 kicking off a short-term consolidation phase Where the crypto trends in the mid-term may depend largely on whether or not bulls can invalidate these highs as a potential “blow-off top” There has been speculation that the swiftness of the rally and rejection confirmed the bear-favoring pattern, but BTC’s resilience in the time since is a promising […]

2020-12-29 21:00