2021-10-4 11:01 |
$50,000 may not come easily, but zooming out, there’s barely a bear in the house when it comes to Bitcoin price action.
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Starting June 21, Bitcoin price has been trapped between $36,000 and $31,000 levels, constituting key resistance and support levels, consecutively. In addition, over the last 48 hours, Bitcoin price recorded a relatively high at around $34,200 and an intraday low of around $32,650, as per data by Coinmarketcap. Zooming out, it is easy to perceive […]
2021-7-15 18:45 | |
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Bitcoin price charts are an amazing sight to behold. Past market cycles that used to look like bubbles that popped and fizzled out, eventually are eclipsed by the next major crypto uptrend. Another such instance is well underway, but when zooming out, the perspective shows just how distant the peak of this current cycle very well could be from here.
2021-2-10 18:30 | |
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The better part of this week has been mainly bullish with the price of bitcoin zooming past $16,000. But despite the positive sentiment, billionaire hedge fund manager Ray Dalio doubled down on his skepticism towards the king of cryptos.
2020-11-16 15:58 | |
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Bitcoin price has fallen by over $2,000 from its 2020 high and is currently struggling to hold support above $10,000. Or is the other way around, and bulls have been valiantly defending the key support level on daily timeframes? Zooming out further shows yet another critical retest in progress, and one that could potentially last […]
2020-9-9 20:00 | |
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Gold is aiming for a new all-time high after zooming past $1,800. The last time the precious alloy breached this level was back in September 2011. Following this impressive rally, gold is now approximately 6% shy of its lifetime high.
2020-7-9 19:03 | |
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Bitcoin has recovered a tiny bit today but it is still in a down trend from the 2020 high. Zooming out reveals a scarier notion and it could be that the bear market still isn’t over. Bitcoin Holding Support BTC has recovered a little since its dump below $8,600 yesterday.
2020-2-28 10:00 | |
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Bitcoin has made a minor recovery this week to regain position in the mid-$7,000 region. Zooming out to the monthly view though still portrays a steep down trend and the bears may not be over just yet.
2019-11-29 07:00 | |
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Zooming out the lens a bit, there are at least three plausible reasons to think this sell-off may be just a hiccup for bitcoin.
2019-11-27 12:00 | |
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As Bitcoin broke below the $10,000 support, many saw this as a sign of an approaching bear market. However, zooming out showed that Bitcoin has been setting higher monthly lows throughout the year, rising from its lowest February point of $3,391 to its $9,163 July low.
2019-9-2 02:05 | |
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When crypto markets fall hard in a few hours panic usually sets in. A torrent of sell orders usually floods the market until Bitcoin price finds support. This is exactly what happened yesterday, but zooming out will provide an opportunity to breathe as not all is as bad as it seems.
2019-8-30 13:00 | |
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Although Bitcoin and the aggregated crypto markets have been facing a bout of significant volatility over the past few days, while zooming out and looking at its long-term performance, it is clear that BTC is still in a firm uptrend throughout the course of 2019.
2019-7-14 22:30 | |
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A large number of traders and investors would have said that the Bitcoin bull market was confirmed when BTC price surged to $8k two weeks ago. Zooming out to the one year chart shows signs of a recovery, and two technical indicators have just suggested that things have finally turned around for the longer term.
2019-5-28 10:00 | |
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Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels.
2019-2-9 01:45 | |
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Bitcoin recently broke out of its long-term symmetrical triangle pattern, indicating that a rally is in the works. Zooming in to short-term charts shows that price is also inside an ascending channel and is currently testing the mid-channel area of interest.
2018-10-9 05:59 | |
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Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern.
2018-6-18 07:03 | |
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