Tag: Bitcoin Price action

Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Upside Drift Above $20,000 No Comments

Key Points Bitcoin price is gaining pace once again and is currently trading above $18,000 against the US Dollar. There is a monster bullish trend line forming with support at $17,000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is moving higher and it might soon break the $20,000 level for more gains in the near term. Bitcoin price is surging higher towards $2...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Correction Underway No Comments

Key Points Bitcoin price after a nasty upside ride above the $17,000 level found sellers against the US Dollar. There is a key bullish trend line forming with support at $13,000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently correcting lower and it might extend decline towards the $12,000 level in the near term. Bitcoin price surged above $17,000 aga...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Sights More Upsides No Comments

Key Points Bitcoin price remains in a super bullish trend above $10,000 against the US Dollar. There are two bullish trend lines forming with supports at $10,300 and $9200 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently trading in a range above the $10,500 level and is preparing for more gains. Bitcoin price is very bullish above the $9500 level again...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD’s Upside Drift No Comments

Key Points Bitcoin price continues to trade higher and it recently moved above $8800 against the US Dollar. There was a break above an ascending channel with resistance at $8650 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now gaining pace above $8500 and looks set to break the $9000 level in the near term. Bitcoin price is moving higher above $8800 against ...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Eyes New High No Comments

Key Points Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar. There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7500 level and eyes a new high above $8000. Bitcoin price is gaining pace above $7500 agains...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Breaks Key Support No Comments

Key Points Bitcoin price struggled to move above the $7770 level against the US Dollar and started a downside move. There was a break below a major bullish trend line with support at $6780 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well below the $6500 level and remains in the bearish zone. Bitcoin price struggled and moved below $6500 against the US D...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Eyes Break of $8000 No Comments

Key Points Bitcoin price is gaining pace and will most likely break the $7500 resistance against the US Dollar. There is a major bullish trend line forming with support at $7300 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7300 and $7000 support levels for more gains. Bitcoin price remains well in the bullish zone above $7000 ag...


Bitcoin Price Technical Analysis BTC USD

Bitcoin Price Technical Analysis – BTC/USD Holding Uptrend Support No Comments

Key Points Bitcoin price rocketed higher and broke the $7000 handle against the US Dollar. Yesterday’s highlighted bullish trend line with current support at $6930 is intact on the hourly chart of the BTC/USD pair (data feed from SimpleFX). The pair might continue to move higher as long as it is above $6900. Bitcoin price surged higher above $7000 against the US Dollar. BTC/USD is ...


Bitcoin Price Technical Analysis BTC USD

Bitcoin Price Technical Analysis – BTC/USD Wants a Piece of $7000? No Comments

Key Points Bitcoin price continued to move higher and traded above the $6500 level against the US Dollar. Yesterday’s highlighted ascending channel with resistance at $6522 was broken on the hourly chart of the BTC/USD pair (data feed from SimpleFX). A new all-time high was formed at $6909 from where the pair started a correction. Bitcoin price extended gains and traded above $6900...


Bitcoin Price Technical Analysis BTC USD

Bitcoin Price Technical Analysis – BTC/USD Bull Run is Here to Stay No Comments

Key Points Bitcoin price rocketed higher recently and moved to a new all-time high at $6456 against the US Dollar. There is an ascending channel forming with current support at $6250 on the hourly chart of the BTC/USD pair (data feed from SimpleFX). The pair might dip a few points from the current levels, but remains supported near $6300-6250. Bitcoin price is super bullish above $62...


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