Tag: Bitcoin price analysis

  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD’s Rebound Above $6,350 is Real?

    Key Points Bitcoin price recovered nicely after trading as low as $5,894 and moved above $6,200 against the US Dollar. There is a new connecting bullish trend line forming with support at $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could...

    Aayush Jindal | August 15, 2018 | 8:28 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Broke Key Supports, Turns Bearish

    Key Points Bitcoin price failed to stay above the $6,300 and $6,280 support levels against the US Dollar. Yesterday’s highlighted key contracting triangle was breached with support at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair even traded to a new...

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

    Bitcoin Price Watch: BTC/USD Could Rebound Above $6,500

    Key Points Bitcoin price found support near the $5,970-6,000 area and recovered nicely against the US Dollar. There is a major contracting triangle forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,480 and $6,570...

    Aayush Jindal | August 13, 2018 | 8:48 am
  • Analysis

    Bitcoin Price Weekly Analysis: BTC/USD Could Correct Above $6,400

    Key Points Bitcoin price is slowly recovering slowly and steadily above the $6,100 level against the US Dollar. There was a break above a key bearish trend line with resistance at $6,220 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must stay...

    Aayush Jindal | August 12, 2018 | 5:28 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Hesitates, But Further Gains Possible

    Key Points Bitcoin price corrected higher and moved above the $6,350 resistance against the US Dollar. There is a key ascending channel forming with support at $6,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is facing a couple of important resistances...

    Aayush Jindal | August 10, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Rebounds After Dipping To $6,100

    Key Points Bitcoin price declined further and traded below the $6,200 support level against the US Dollar. There is a short-term connecting bearish trend line in place with resistance near $6,380-6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently rebounding...

    Aayush Jindal | August 9, 2018 | 9:00 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Tumbles, Sell On Rallies Near $6,770

    Key Points Bitcoin price declined sharply and broke an important support near $6,830 against the US Dollar. A crucial bearish trend line with current resistance at $7,000 acted as a hurdle on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair declined below the...

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

    Bitcoin Price Watch: BTC/USD Eyes Recovery Towards $7,100

    Key Points Bitcoin price declined to a fresh weekly low at $6,834 and later recovered against the US Dollar. There is a key connecting bearish trend line formed with resistance near $6,960 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently...

    Aayush Jindal | August 7, 2018 | 8:48 am

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