Tag: bitcoin price

  • BTCUSD Chart from TradingView
    Technical

    Bitcoin (BTC) Price Watch: Reversal Pattern Confirmation on SEC Order

    Bitcoin Price Key Highlights Bitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline. A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650. Technical indicators, however, are reflecting bullish exhaustion....

    Sarah Jenn | September 21, 2018 | 4:16 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave

    Key Points Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower,...

    Aayush Jindal | September 20, 2018 | 8:48 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

    Key Points Bitcoin price started an upside move after trading as low as $6,202 against the US Dollar. There was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue...

    Aayush Jindal | September 19, 2018 | 8:48 am
  • Technical

    Bitcoin (BTC) Price Watch: New Bullish Channel Forming

    Bitcoin Price Key Highlights Bitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart. Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600. There are nearby inflection points at the...

    Sarah Jenn | September 19, 2018 | 4:01 am
  • technical analysis bitcoin
    Analysis

    Bitcoin Price Watch: BTC/USD Buyers Losing Control Below $6,400

    Key Points Bitcoin price declined recently and broke the $6,450 and $6,400 support levels against the US Dollar. There was a break below a major bullish trend line with support at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps...

    Aayush Jindal | September 18, 2018 | 8:48 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

    Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are showing that...

    Sarah Jenn | September 18, 2018 | 3:52 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Bullish Reversal Pattern Forming?

    Bitcoin Price Key Highlights Bitcoin price appears to be gaining some traction off its recent bounce, possibly forming another double bottom. This is a classic reversal formation, so a rally could be due once price breaks past the $7,400 neckline. Technical indicators, however, are suggesting that the selloff...

    Sarah Jenn | September 17, 2018 | 3:35 am

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