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.
TA: Bitcoin Price Moves Higher In Range, $30.6K Still Presents Resistance
Bitcoin remained strong above the $28,500 support against the US Dollar. BTC is rising, but it must clear $28,500 to move into a positive zone. Bitcoin started a fresh increase...
TA: Bitcoin Price Stuck In Key Range, Why Dips Might Be Limited
Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500. Bitcoin failed to gain strength for...
Eight Consecutive Red Closes: Is Bitcoin Headed For A Recovery?
Bitcoin for the past two months has been closing consecutive weeks in the red. The previous week had seen it close its seventh consecutive weekly candle for the first time...
Bitcoin Reclaims $30K Territory After Recent Weeks’ Struggle – Analysts Weigh In
Bitcoin recorded a significant positive divergence early Monday, following seven days of trading below $30,000. The crypto is trading at $30,536.93 at press time, a decrease of 2.5 percent from the previous...
TA: Why Bitcoin Price Could Explode Above $30.6K In Near-term
Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC could rally if there is a clear move above the $30,600 resistance zone. Bitcoin formed...
TA: Bitcoin Reclaims $30K, Why Bulls Face Uphill Task
Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC must clear $30,600 to move further into a positive zone. Bitcoin formed a base above...
TA: Bitcoin Trims Gains, Why BTC Could Start Fresh Decline
Bitcoin extended decline and traded below $29,000 against the US Dollar. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin started a...
TA: Bitcoin Eyes Fresh Increase But This Level Is The Key
Bitcoin is stable above the $29,600 support against the US Dollar. BTC must clear the $31,350 resistance to start a decent increase. Bitcoin is struggling to gain momentum above $30,500...
TA: Bitcoin Holds Key Support, Why BTC Must Clear This Resistance
Bitcoin corrected lower and tested the $29,000 support against the US Dollar. BTC must settle above the $30,500 resistance to start a decent increase. Bitcoin failed to gain pace above...
This Expanding Triangle Pattern Could Be The Last Hope For Bitcoin Bulls
Bitcoin broke through support and plunged to the lowest prices seen since 2020. However, despite all the fear the drop has caused, it could be the last low before the...
