NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Price Technical Analysis for 10/3/2015 – 300

newsbtc
newsbtc
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin price continued soaring yesterday to print a high of around $299. The price has been increasing along the new rising trend line we spotted during Sunday’s analysis. It seems that we will see bitcoin price exceed $300 within the next 24 hours, especially if the trading volume remains as high as it has been during the past 24 hours.

By examining the 1 hour bitfinex (BTC/USD) chart from tradingview.com and plotting the 20, 50 and 100 period EMAs accordingly (look at the below chart), we can conclude the following:

  • Since the beginning of March, bitcoin price has been rising along a new trend line (the green trend line on the below chart). The price rises for a few trading sessions then market correction pulls the price downwards to occasionally touch the trend line which reverses the price correction movement and bitcoin price starts rising again afterwards.
  • As per the market’s behavior pattern during the past few days, bitcoin price is expected to decline to touch the rising support level at around $288 before rising again towards the $300 resistance level within the next 24 hours or so.

bitcoin price, bitcoin analysis

By studying the 1 day Bitfinex (BTC/USD) chart from tradingview.com, plotting the 20, 50 and 100 day EMAs and calculating the RSI and MACD indicator accordingly (look at the below chart), we can notice the following:

  • Bitcoin price is now above the 20, 50 and 100 day EMAs which reflects the short termed bullish wave.
  • As the MACD indicator is in the positive territory now and as the blue MACD line is above the red signal line, the bullish wave is expected to continue to push the price up to test the $300 resistance level soon.
  • The RSI is now valued around 68 so we can still see bitcoin price rise; however, if the RSI exceeds 70, this can signal slowing down or even reversal of the bullish wave.

bitcoin price, bitcoin analysis

Conclusion:

Bitcoin price continued rising yesterday to score a high of around $298. Our technical analysis is in favor of a rise in bitcoin price to test the $300 resistance level within the next 24 hours.

 

Charts from bitfinex

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Price Breaks Down

Bitcoin Price Breaks Down – Support Fails As Traders Question If Bulls Return

Bitcoin price extended losses after it traded below $112,500. BTC is now consolidating losses and might decline again to test...

Aayush Jindal 2 hours ago
ethereum

Ethereum Drops Below $4,000 – Analyst Points To 6 Factors Fueling The Selloff

Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall...

Ash Tiwari 3 hours ago
Ethereum

Ethereum On-Chain Bloodbath: Rugs And Scams Erode Retail Confidence, What To Know

The on-chain ecosystem of Ethereum has recently been rocked by a wave of scams and rug pulls, creating a period...

Godspower Owie 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

TAO, Solana, SUI, chainlink

SUI Retest Ascending Triangle Support Amid 8% Drop – Bounce Or Breakdown Next?

Rubmar Garcia 1 hour ago
Bitcoin price

Expert Prediction: Bitcoin Price Could Hit $200,000 By June 2026, Claiming 50% Probability

Ronaldo Marquez 2 hours ago
2026-rate-cycle-brings-soft-bull-bitcoin-hyper-top-altcoin-presales-tw

2026利率主導市場緩牛來襲 Bitcoin Hyper搶佔市場中最佳預售山寨幣

Mark Mak 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望 ― 0.30ドル到達と「買うべきミームコイン」論争

    ドージコイン 今後の展望 ―...

    14 hours ago
  • リップル 今後の展望:RLUSDステーブルコインがマネーマーケットファンドに統合

    リップル...

    15 hours ago
  • 仮想通貨プレセール動向:次世代ビットコインレイヤー2が資金を集める

    ...

    15 hours ago
  • テザーが5,000億ドル規模の資金調達を計画、今注目すべき仮想通貨おすすめ

    ...

    15 hours ago
  • 新しい仮想通貨のプレセールが250万ドル目前、投資家が急増中

    ...

    15 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.