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 Could Rally If There Is A Close Above This Key Resistance
Bitcoin price remained supported above the $22,650 level against the US Dollar. BTC could rally if there is a clear move above the $23,500 resistance zone. Bitcoin is trading in...
TA: Bitcoin Price Could Narrowly Avoid a Major Downtrend, Here’s How
Bitcoin extended losses below the $22,650 support against the US Dollar. BTC is attempting another recovery and might face hurdles near $23,100. Bitcoin remained in a bearish zone and extended...
TA: Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $24K
Bitcoin is facing a key resistance near the $23,500 zone against the US Dollar. BTC must clear $23,500 to avoid a fresh bearish reaction in the near term. Bitcoin is...
TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%
Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support. Bitcoin is showing...
TA: Bitcoin Price Signals Bearish Reaction, Why BTC Could Revisit $22K
Bitcoin is showing a few bearish signs below the $24,000 resistance zone against the US Dollar. BTC is declining and might test the $22,000 support zone. Bitcoin is slowly moving...
Bitcoin Enters August With Losses, Has It Set The Tone For The Month?
Bitcoin has entered into a new month, but its price has not been doing as well as expected. The end of July had indeed come with good tidings as the...
TA: Bitcoin Price Struggles Below $25K, Signs of Double Top Emerges
Bitcoin failed to clear the $25,000 resistance zone against the US Dollar. BTC is declining and might break the $23,250 support zone. Bitcoin attempted a clear move towards the $25,000...
Impressive Rally Puts Bitcoin Above $24,000, But Is $28,000 Still Possible?
Bitcoin has rallied once more above $24,000. This impressive rally follows an intense week where the FOMC’s announcement has basically shown that the United States is now in a recession....
TA: Bitcoin Price Gains Momentum, Why The Bulls Could Aim $25K
Bitcoin started a fresh increase above the $23,000 resistance zone against the US Dollar. BTC might continue to rise towards the $25,000 resistance zone. Bitcoin started a fresh increase and...
Bitcoin Bounces Off Consolidation Range, What Lies In Store?
Bitcoin has been on a steady increase over the last two weeks. It has not been on the uptrend for all of this time, but the majority of the time,...
