2018-7-3 21:30 |
Bitcoin has teased the bulls several times over the past few weeks, but the charts suggest today's rally might hold more weight.
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Bitcoin's technical charts continue to call a drop below $6,000, yet investor activity indicates a corrective rally could be on the cards.
2018-6-28 13:00 | |
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Bitcoin's bulls are struggling to force a rally, despite a still-favorable short-term set-up on the technical charts.
2018-6-21 13:01 | |
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| Analogue Notcoin - TapSwap |
Bitcoin is about to see a key bullish cross of two moving averages the first time in nearly four years.
Bitcoin's three-day price consolidation looks to be a bull breather before a continuation of the recent rally to above $4,000.
With bitcoin showing resilience to negative news flow, a strong bullish move is looking increasingly likely.
Bitcoin has reported losses in January for the last four years, and a fifth now looks on the cards.
After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100.
Bitcoin’s price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100.
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices.