-Bitcoin news, price, information & analysis
Bitcoin Price Key Highlights Bitcoin price has broken past the neckline of a short-term double bottom to signal that an uptrend is underway. Price is also in the middle of forming a longer-term double bottom visible on its 4-hour chart. Bitcoin has yet to test the neckline on...
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....
Bitcoin Price Key Highlights Bitcoin price tossed and turned around current support levels but is still on track to complete a double bottom pattern. Price is making its way closer to the neckline around the $6,600 level and a break higher could confirm an uptrend. Technical indicators are...
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...
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...
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...
Bitcoin Price Key Highlights Bitcoin price appears to be gaining a bit more traction on its bounce off the triangle support. Price could be ready to test the triangle resistance again, and this lines up with the 61.8% Fib level. Technical indicators are suggesting that the rallies could...
Bitcoin Price Key Highlights Bitcoin price is still consolidating inside its falling wedge pattern seen on the daily time frame. Price tumbled sharply upon hitting resistance and is setting its sights back on the bottom. There’s also strong support around the $6,000 mark, which explains why bitcoin price...
Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators are suggesting that a downside move is more likely to happen...
Yesterday, news broke that U.S.-based $90 billion multinational investment bank and financial services company powerhouse, Goldman Sachs, was ditching plans to eventually open up a Bitcoin trading desk as was initially reported. However, while speaking at the ongoing TechCrunch Disrupt 2018 conference, Goldman Sachs chief financial officer Marty...
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