Tag: bitcoin technical analysis

  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Line in the Sand for Buyers?

    Bitcoin Price Key Highlights Bitcoin price is back down to the bottom of its short-term ascending channel. This coincides with the support of a long-term triangle consolidation pattern, so there may be plenty of buy orders here. But if price falls through, it could be indicative of sellers...

    Sarah Jenn | October 3, 2018 | 4:32 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Still Stuck in Consolidation, Breakout Soon?

    Bitcoin Price Key Highlights Bitcoin price is still stuck inside its triangle consolidation pattern on the 1-hour time frame. Price is nearing the peak of its formation so a breakout could take place soon. Technical indicators are still giving mixed signals on which direction the breakout might go....

    Sarah Jenn | October 2, 2018 | 4:12 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Some Hesitation After Bullish Breakout?

    Bitcoin Price Key Highlights Bitcoin price has recently broken out of its symmetrical triangle pattern but has since pulled back for a retest. Price continues to hover around the broken resistance, though, and might still have a chance at falling back in consolidation. If the area of interest...

    Sarah Jenn | October 1, 2018 | 4:27 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Bullish Breakout Alert!

    Bitcoin Price Key Highlights Bitcoin price recently formed lower highs and higher lows to consolidate in a symmetrical triangle. Price appears to have completed an upside breakout, signaling that more gains are underway. Technical indicators, however, are reflecting a slowdown in bullish momentum. Bitcoin price is breaking out...

    Sarah Jenn | September 28, 2018 | 4:20 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Will a Triangle Breakout Happen Soon?

    Bitcoin Price Key Highlights Bitcoin price is still consolidating in a triangle pattern visible on the 4-hour time frame after bouncing off the top. Price could be due for a test of support but could attempt another break past the triangle resistance. A breakout in either direction could...

    Sarah Jenn | September 27, 2018 | 3:52 am
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Price Watch: Some Hope for Bulls?

    Bitcoin Price Key Highlights Bitcoin price recently formed lower highs and found support at $6,100 to create a descending triangle. Price was rejected on its test of resistance, but bulls seem ready for another attempt to break higher. Bitcoin is forming a short-term ascending channel and is currently...

    Sarah Jenn | September 26, 2018 | 3:29 am
  • 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

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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