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 Close Below $46K Could Spark Larger Degree Decline
Bitcoin price failed once again to clear the $48,500 resistance zone against the US Dollar. BTC is declining and it could even decline below the $46,200 support zone. Bitcoin started...
Build Base Or Bust? Bitcoin Touches Down On Parabolic Support
Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes. The series of higher lows continues, potentially creating...
TA: Bitcoin Bulls Keeps Pushing, Why Rally Isn’t Over Yet
Bitcoin price remains well supported above the $47,000 zone against the US Dollar. BTC must clear $48,500 to start a decent increase towards the $50,000 level. Bitcoin corrected lower after...
Believe It Or Not, Bitcoin Maxis, Altcoin Season Might Not Have Yet Begun
Because Bitcoin is the first ever cryptocurrency, it often has a cult-like following of investors who won't touch an altcoin no matter the potential ROI or promise behind the technology....
TA: Bitcoin Price Just Reversed and $50K Is Imminent, Here’s Why
Bitcoin price started a steady increase above the $47,000 resistance against the US Dollar. BTC even broke $48,000 and it might continue to rise in the near term. Bitcoin started...
Bitcoin Transaction Fees Hit One-Year Lows, How Does This Affect The Price?
Bitcoin transaction fees are usually an indication of how holders are moving their coins around. When the network gets congested due to a high number of transactions, the transaction fees...
Bitcoin Golden Cross: Everything You Need To Know About The Bullish Signal
Today, the talk across the crypto market is that Bitcoin price is forming a Golden Cross – a potentially bullish signal according to conventional knowledge. But this is the cryptocurrency...
TA: Bitcoin Indicators Suggest Strengthening Case For Break Above $48K
Bitcoin price started a decent increase above the $46,000 resistance against the US Dollar. BTC is now back above $47,000, but it is facing hurdles near $47,600. Bitcoin started a...
Cathie Wood Reiterates $500K Bitcoin Call, Reveals Ethereum Rebalancing
Ark Invest's chief executive officer and chief investment office Cathie Wood, is backing up her bold claim that Bitcoin will reach $500,000. In the same interview, Wood revealed her firm's...
TA: Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $46K
Bitcoin price is facing hurdles near the $46,000 zone against the US Dollar. BTC could start a major decline if it continues to struggle near the $46,000 zone. Bitcoin is...
