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Has Bitcoin Price Broken Out Of Downtrend Resistance? BTCUSD Analysis October 6, 2022
In this episode of NewsBTC’s daily technical analysis videos, we examine a possible breakout of Bitcoin price on linear scale. We also compare the breakout on logarithmic scale to determine if the signal might be a reliable sign the bottom could be in. дальше »
2022-10-7 00:30 | |
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After Ethereum tokens surge, veteran trader Peter Brandt asks if Stellar Lumens (XLM) is next
After trading somewhat in tandem with Bitcoin and Ethereum over recent weeks, which are flat on a macro scale, Stellar Lumens (XLM) saw a strong breakout on July 16 that brought the asset up by over 10 percent, CryptoSlate data shows. дальше »
2020-7-18 00:55 | |
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Bitcoin Braces for Breakout, IOTA Signals Long-Term Reversal, & More: Crypto News Roundup
Despite relatively high volatility over the past 24 hours, Bitcoin continues to remain anchored in the mid-$9,000s. On a slightly longer time scale, it appears that the alpha-crypto has been consolidating sideways in a roughly $1,500 range since early May 2020. дальше »
2020-6-19 19:12 | |
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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test
Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »
2018-11-20 02:27 | |
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Bitcoin Price Analysis: Weekly Consolidation Hints Toward Sustained Breakout
Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be. дальше »
2018-10-31 00:19 | |
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No Bearish Breakdown? Is the Bitcoin Bear Market Coming to a Conclusion?
A breakout has still not occurred in Bitcoin as the triangle pattern approaches its end. On the logarithmic scale chart, price action has actually managed to break out of the pattern and close above, but this also happened earlier in the year and preceded a sharp decline. дальше »
2018-10-10 16:49 | |
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