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Bitcoin Price Key Highlights Bitcoin price recently broke past key resistance levels but is now consolidating around the $7,400 level. This could be seen as a bullish flag pattern, which follows a strong rally and could be seen as a continuation signal. A break past the $7,600 level...
Bitcoin Price Key Highlights Bitcoin price recently surged past an area of interest and may be due for a retest. Using the Fibonacci retracement tool shows where bulls might be waiting to join in. Technical indicators are hinting at potential profit-taking and a continuation of the uptrend. Bitcoin...
Bitcoin Price Key Highlights Bitcoin price finally broke above the neckline of its inverse head and shoulders pattern to signal that a rally is underway. The chart pattern is around $1,000 tall so the uptrend has room to go, but a pullback might take place. Technical indicators are...
Bitcoin Price Key Highlights Bitcoin price has completed its inverse head and shoulders reversal pattern and is now awaiting confirmation. Price is testing the neckline at $6,800 and an upside break could spur a $1,000 climb. Technical indicators are showing mixed signals but longer-term bullish momentum could start...
Bitcoin Price Key Highlights Bitcoin price appears to be keeping its head above the near-term area of interest at the channel support. If a bounce back to the resistance happens, an inverse head and shoulders pattern could also be completed. A break past the channel top could be...
Bitcoin Price Key Highlights Bitcoin price has broken below that near-term area of interest and is setting its sights on the next support zone. Price could fall to the very bottom of its range visible on longer-term charts, where buyers may be waiting. Technical indicators reflect weakening bullish...
Bitcoin Price Key Highlights Bitcoin price is still hovering at the area of interest visible on the 4-hour time frame as buyers and sellers battle it out. A small consolidation pattern can be seen at current levels, and this could be seen as a bearish continuation signal. If...
Bitcoin Price Key Highlights Bitcoin price is still inside its short-term ascending channel but is on its way to test support. If the near-term floor holds, the Fibonacci extension tool on this pullback shows the potential upside targets. Technical indicators are suggesting that the rally could carry on...
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. Technical indicators are suggesting that the ceiling...
Bitcoin Price Key Highlights Bitcoin price is still stalling on its potential reversal as it tests another area of interest. A new reversal pattern that could turn out to be an inverse head and shoulders appears to be forming. In that case, bitcoin price might form a shoulder...
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