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.
Bitcoin “Speculative Chart” Suggests Cryptocurrency To Soon Blast off
As institutions, corporations, countries, and more buy into Bitcoin, the cryptocurrency is beginning to transition from a speculative asset to a macro financial asset much like gold, oil, and others. But...
Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $60K
Bitcoin gained pace and climbed above $58,000 against the US Dollar. However, BTC is still struggling to gain pace for a move towards the $60,000 level. Bitcoin started a fresh...
Finding Fibonacci: Is Bitcoin Beginning A “Golden” Recovery?
Less than a week ago on November 23 was Fibonacci Day. Not even a week later, a crucial ratio related to the Fibonacci Sequence and the Divine Proportion might have...
TA: Bitcoin Attempts Recovery, Why BTC Could Revisit $60K
Bitcoin started a fresh increase above $57,000 against the US Dollar. BTC could extend recovery and it might revisit the $60,000 resistance in the near term. Bitcoin started a fresh...
TA: Bitcoin Regains Strength, Why 100 SMA Is The Key For More Upsides
Bitcoin started a fresh increase above $58,000 against the US Dollar. BTC traded close to $60,000 and is currently correcting gains. Bitcoin started a fresh increase above the $58,000 and...
Bitcoin Thanksgiving Day Data Reveals Peak Possible Within 30 Days
Today across the United States, the masses are celebrating the annual Thanksgiving holiday tradition. In the past, the holiday has acted as a catalyst for the final phase of the...
TA: Bitcoin Breaking This Confluence Resistance Could Spark Recovery
Bitcoin is attempting an upside correction above $57,000 against the US Dollar. BTC could gain pace if there is a close above the $58,000 resistance. Bitcoin is facing resistance near...
TA: Bitcoin Continues To Struggle, Why BTC Could Dive Below $55K
Bitcoin is struggling to recover above $57,500 against the US Dollar. BTC is declining and could accelerate lower below $55,000 in the near term. Bitcoin is facing resistance near the...
TA: Bitcoin Holds Key Support, Why BTC Remains At Risk of Sharp Decline
Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below...
Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength
Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a...
