Tag: Bitcoin price analysis

  • bitcoin technical analysis
    Analysis

    Bitcoin Price Watch: BTC/USD Struggle Continues

    Key Points Bitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar. There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must move...

    Aayush Jindal | June 18, 2018 | 8:28 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction?

    Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken). The pair may move a few points higher,...

    Aayush Jindal | June 17, 2018 | 4:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Could Recover Further

    Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could move further above...

    Aayush Jindal | June 15, 2018 | 7:28 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: Can BTC/USD Break 100 SMA?

    Key Points Bitcoin price formed a decent support near the $6,130 level and recovered against the US Dollar. The BTC/USD pair is currently attempting to break a key bearish trend line with resistance at $6,450 on the hourly chart (data feed from Kraken). The pair may correct higher...

    Aayush Jindal | June 14, 2018 | 8:00 am
  • Bitcoin
    Bitcoin

    Is it a Bear Market or Just Back to Reality for Bitcoin

    Bitcoin has slipped below $7,000 to hover in the mid-six thousand range again this week with growing speculation that it may fall below six as investors get panicky and sell. Maybe the question to ask is, is this the start of a new bear market or just a...

    John McMahon | June 13, 2018 | 8:00 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Breaks Key Support

    Key Points Bitcoin price failed to recover above the $6,750 and $6,800 resistance levels against the US Dollar. There is a key bearish trend line formed with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair traded below the $6,500...

    Aayush Jindal | June 13, 2018 | 8:00 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Recovery Could be Limited

    Key Points Bitcoin price found support near $6,620 after a major decline against the US Dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting higher towards a...

    Aayush Jindal | June 12, 2018 | 9:18 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Bearish Below $7,000

    Key Points Bitcoin price fell sharply and declined below a major support area at $7,000 against the US Dollar. There is a major bearish trend line formed with resistance at $6,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps correct...

    Aayush Jindal | June 11, 2018 | 11:54 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Weekly Analysis: Can BTC/USD Break Higher?

    Key Points Bitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar. There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must accelerate gains...

    Aayush Jindal | June 10, 2018 | 5:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: Can BTC/USD Hold 100 SMA?

    Key Points Bitcoin price struggled to move above the $7,750 resistance and started a downside move against the US Dollar. There was a break below a major connecting bullish trend line with support at $7,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

    Aayush Jindal | June 8, 2018 | 8:28 am

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