BTC
Bitcoin (BTC) price analysis
Aiming to provide accurate and actionable information to its broad reader base, NewsBTC delivers regular bitcoin analysis made by seasoned experts in the field.
The benefits of bitcoin technical analysis are plentiful. Perhaps one of the biggest benefits of timely technical analysis is the fact that it helps investors, as well as traders, predict the market trend.
Sideways moves, uptrends, downtrends - all of them can potentially be predicted by a thorough, well-researched latest bitcoin analysis.
Additionally, bitcoin price analysis could essentially help the investor or the trader determine the best and most profitable entry and exit points. When it comes to trading, timing is critical. With the help of well-made bitcoin technical analysis, one can potentially determine the best time to enter and to exit a trade, thereby allowing for better returns.
All of the above aside, a BTC price analysis provides a lot of precious information, helpful for both short term trading and long term investing. Technical charts give a lot of insights which can help traders and investors enter the right positions at the right time.
Why Single-Digit Gains Is The Best Case Scenario For Bitcoin This September
Bitcoin gains for the month of September have been less than encouraging for investors. The month has historically been bearish for the digital asset, which makes it no surprise when...
TA: Bitcoin Price Trims Gains, Why BTC Could Dive To New Monthly Low
Bitcoin failed to stay above the $20,000 resistance against the US Dollar. BTC is sliding and might even break the $18,250 support zone. Bitcoin failed to stay above the $20,000...
TA: Bitcoin Price Gearing For Another Lift-Off to $21K, Recent Breakout Suggests
Bitcoin is gaining pace above the $19,500 resistance against the US Dollar. BTC could rise further above $20,000 if it stays above the $19,000 support. Bitcoin started a decent increase...
TA: Bitcoin Price Holds Ground, Why Close above $20K Is The Key
Bitcoin is holding the key $18,500 support zone against the US Dollar. BTC must settle above the $20,000 resistance zone to move into a positive zone. Bitcoin is struggling to...
TA: Bitcoin Price Remains Range bound, Why There’s Hope of a Fresh Rally
Bitcoin started an upside correction from the $18,150 zone against the US Dollar. BTC is back above $19,200 and a break above $19,500 could spark a fresh rally. Bitcoin is...
Bitcoin Dumps After Revisiting June Lows, Where Does The Bottom Lie?
Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three...
TA: Bitcoin Price Could Take Major Hit After Fed Rate Hike
Bitcoin started another decline from the $19,500 resistance against the US Dollar. BTC is at risk of a sharp decline below the $18,500 and $18,000 levels. Bitcoin started another decline...
TA: Bitcoin Price Stuck Below Resistance, Why Bears Could Aim More Losses
Bitcoin started an upside correction above $19,000 against the US Dollar. BTC is now facing a strong resistance near the $19,350 and $19,500 levels. Bitcoin is attempting an upside correction...
Bitcoin Price Recovers Above $19,000, But Is The Onslaught Over?
Bitcoin has been able to regain some of its footings over the last 24 hours after it had fallen to the $18,000 level, taking the entire crypto market down with...
TA: Bitcoin Price Attempts Recovery, Why 100 SMA Is The Key
Bitcoin started an upside correction from the $18,223 low against the US Dollar. BTC climbed above $19,000, but it is now facing resistance near the 100 hourly SMA. Bitcoin traded...
