
Bitcoin Value Moving To Reclaim $300
A more complex Bitcoin Price correction today, and no sell-off at 12h00 UTC. Bitcoin price has made a correctional low and if the market wants to run it up from here, the chart is ready for advance. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 14h11 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Despite the past few days' steady advance, the 1-hour chart indicators are surprisingly neutral. MACD is at zero. RSI is near its midpoint at 49. The faster....
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Rune could be set for a relief bounce despite having difficulty breaking the daily resistance. The crypto market saw a setback in price after Bitcoin (BTC) saw a retracement back to a key support area leading to a drawback to the likes of Rune, but the market state indicates Rune could be set for a rally. Rune Weekly Chart Analysis The price of Rune has seen a continuous downtrend from a high of $12 to a low of $1.6 in weeks for what seems to be more than an 80% decline. After finding a low at $1.58, it has started making a move with buyers stepping in; Rune has formed strong support at....
Bitcoin price action will stay stuck in the lower half of its macro range unless two key moving averages can flip to support. Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new analysis suggests.Updating a Twitter debate on Feb. 9, popular trader and analyst Rekt Capital identified two key targets BTC/USD must reclaim as support for bulls.Bitcoin key macro resistance levels now in placeDespite being up 13% in a week on Wednesday, Bitcoin is still far from November’s peak of $69,000.For Rekt Capital,....
Ethereum has seen some weak price action as it fails to surpass the resistance zone from $470 to $490. Analysts suggest that the cryptocurrency should reclaim the $470 support to confirm more upside. There are “monstrous sell walls” on Coinbase’s ETH market that could limit upside moving forward. It also appears that there are a large number of traders on Huobi that are expecting Ethereum to move lower moving forward. Ethereum Must Secure $470 to […]
Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTC’s sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high. Related Reading: Ethereum Holds ‘Bounce Or Die’ Level: Rebound To $4,000 Could Be Near Bitcoin Price Stability Could Lead To $101K Reclaim Following the start-of-February market correction, Bitcoin has been moving within the $96,000-$99,000 price range. The flagship cryptocurrency has....