Tag: bitcoin analysis

  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD’s Bullish Scenario

    Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650...

    Aayush Jindal | May 21, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Weekly Analysis: BTC/USD Testing Crucial Resistance

    Key Points Bitcoin price stayed above the $8,000 support level and recovered against the US Dollar. There is a monster bearish trend line forming with resistance at $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the trend...

    Aayush Jindal | May 20, 2018 | 6:28 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD at Risk of Further Declines

    Key Points Bitcoin price declined and broke a key support level at $8,200 against the US Dollar. There was a break below a triangle pattern with support at $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may correct a few points...

    Aayush Jindal | May 18, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Struggling Near $8,500

    Key Points Bitcoin price found support above $8,000 and recovered nicely against the US Dollar. There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $8,500 resistance the 100...

    Aayush Jindal | May 17, 2018 | 8:48 am
  • bitcoin technical analysis
    Analysis

    Bitcoin Price Watch: BTC/USD Made Sharp U-Turn

    Key Points Bitcoin price failed to capitalize above $8,800 level and declined sharply against the US Dollar. BTC/USD broke this week’s ascending channel with support at $8,500 on the hourly chart (data feed from Kraken). The pair settled below a key support at $8,400 and the 100 hourly...

    Aayush Jindal | May 16, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Primed for Gains

    Key Points Bitcoin price is showing bullish signs above the $8,600 pivot level against the US Dollar. This week’s ascending channel with current support at $8,480 is intact on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading nicely above the...

    Aayush Jindal | May 15, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD’s Upside Capped By 100 SMA

    Key Points Bitcoin price corrected higher, but upsides were capped by $8,800 and 100 hourly SMA against the US Dollar. The BTC/USD pair broke an ascending channel with support at $8,450 on the hourly chart (data feed from Kraken). The pair must stay above the $8,300 support level...

    Aayush Jindal | May 14, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Weekly Analysis – Can BTC/USD Hold $8,000?

    Key Points Bitcoin price declined sharply after it failed to move above the $9,500 resistance against the US Dollar. There is a significant bearish trend line forming with resistance at $8,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair may rise in...

    Aayush Jindal | May 13, 2018 | 6:28 am
  • Consensus
    Bitcoin

    Consensus 2018 Will be the Next Big Catalyst for Bitcoin, Analyst Says

    Blockchain Week New York City, the annual conference also known as Consensus 2018, kicked off yesterday. Based on the market reaction in the previous three events, analysts expect the prices of Bitcoin and altcoins to move upward. Fundstrat’s technician Robert Sluymer says Bitcoin has bottomed with an upside...

    Ricardo Esteves | May 12, 2018 | 8:30 pm
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Turned Bearish

    Key Points Bitcoin price failed to break a major resistance area near $9,400 and declined sharply against the US Dollar. There is a major bearish trend line forming with resistance at $9,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now...

    Aayush Jindal | May 11, 2018 | 8:38 am

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