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Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?

In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month moving averages (MA) – all of which are currently influential in shaping market dynamics. дальше »

2023-8-15 02:00


Bitcoin Critical Support Level: Can It Hold $29,250 Before Monthly Candle Close?

Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a sharp decline recently, mirroring the broader decline in the cryptocurrency market.   This has led to concerns among Bitcoin bulls, who closely monitor the cryptocurrency’s price movements to determine whether the decline will continue or stabilize the market. дальше »

2023-7-25 03:00


Bitcoin Weekly Momentum Crosses Bearish For First Time In 2023

In a significant development this week, Bitcoin price has crossed bearish on the weekly LMACD (Logarithmic Moving Average Convergence Divergence), marking the first time this has occurred in 2023. Does this mean further decline for BTCUSD, or do bulls still have a chance to save the recent uptrend? Bitcoin Momentum Takes A Turn For The Bears Last night, the weekly candle in BTCUSD opened with a bearish crossover of the LMACD. дальше »

2023-6-6 02:41


Why is crypto rising today? And why do I think it could be short-lived?

I almost forgot what it was like to see a big green candle on a cryptocurrency chart. Today, however, that is exactly what we have, as magic Internet money is climbing sharply upward. Bitcoin is now trading at $20,600, above the psychologically important number of $20,000, while Ethereum has climbed north of $1,500 for the […] The post Why is crypto rising today? And why do I think it could be short-lived? appeared first on CoinJournal. дальше »

2022-10-26 13:57


Why Bitcoin Bulls Might Be Ready To Breach $20,000 Into The Monthly Close

Stuck right below its 2017 all-time high, Bitcoin is moving sideways with low volatility over the past few days. The crypto market is preparing to close another monthly candle in the coming days. This event is set to move BTC and other cryptocurrencies, but in what direction? Related Reading: TRON Showing Hints Of A Major Rebound After A Week Of Rout At the time of writing, Bitcoin (BTC) trades at $19,000 with 0. дальше »

2022-9-27 21:28