Bitcoin Structure Still Upward Trending, $9,300 Keeps Providing Support

2020-6-4 17:35

Popular crypto analyst believes that Bitcoin is still moving in an upward trend, however, it may face problems coming close to the $10,000 level

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Bitcoin (BTC) на Currencies.ru

$ 68735.84 (-0.16%)
Объем 24H $14.679b
Изменеия 24h: -0.62 %, 7d: 3.20 %
Cегодня L: $68711.9 - H: $69424.87
Капитализация $1354.365b Rank 1
Цена в час новости $ 9755.17 (604.61%)

upward still bitcoin may face however problems

upward still → Результатов: 83


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How Long Will Digibyte Continue to Pump?

On March 23, the Digibyte (DGB) price reached a low of 52 satoshis. It immediately began an upward move which is still ongoing. To date, the price has increased by 462% since. Using the weekly chart, we can see that the upward move was preceded by a very significant bullish divergence in the RSI, which […] The post How Long Will Digibyte Continue to Pump? appeared first on BeInCrypto.

2020-5-7 17:10


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An ATOM Decrease Below the Current Support Could End the Upward Trend

The ATOM price failed to break out above the 65,000 satoshis resistance area throughout December and began a downward move that is still ongoing. The price has reached a very significant support level and the ascending support line that has measured the rate of increase since the beginning of the upward movement on September 6, […] The post An ATOM Decrease Below the Current Support Could End the Upward Trend appeared first on BeInCrypto.

2020-1-9 10:44


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Will the MATIC Price Make a Comeback? [Premium Analysis]

After the massive December 10 price decrease, MATIC has struggled to approach its previous highs. We believe it will gradually increase but will be devoid of significant volatility. Even though MATIC decreased by more than 50 percent since its early December highs, it is still following a gradual upward trend since August — which is […] The post Will the MATIC Price Make a Comeback? [Premium Analysis] appeared first on BeInCrypto.

2019-12-24 00:53


Binance Coin Price Prediction Today: Daily (BNB) Value Forecast – April 3

BNB/USD in the medium-term market run, an upward trend is still visible. As at the time of writing, the pair has been facing a strong price line at around $20 point. BNB/USD Medium-term Trend: Bullish Distribution territories: $22, $23, $24 Accumulation territories: $16, $15, $14 BNB/USD pair is still somewhat enjoying a sudden increase that […]

2019-4-3 15:26


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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


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.

2019-3-19 01:17


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

2019-3-16 01:56


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.

2019-3-9 02:08


Bitcoin Price Analysis Update: BTC Held Up by Weekly MA, But Still Following the “Parabolic Trend”

The leading cryptocurrency is back at above $3,900 looking to break the $4k mark. On March 4th, Bitcoin price went from $3,680 to $3,870 level seeing a surge of 5 percent. Since then, Bitcoin has been seeing a slight upward shift in the price as it slowly moved to the $3,890 mark. The leading cryptocurrency […]

2019-3-8 19:46