Bitcoin Value In The Middle Of Year's Trading Range
Bitcoin value (price) has made an intra-day high at $254 (Bitfinex) and 1580 CNY (BTC-China). This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Value and Price Analysis. Time of analysis: 16h44 UTC. BTC-China 15-Minute Chart. From the analysis pages of xbt.social, earlier today: We are still holding out for higher targets at $260 and 1600 CNY but the corrective action since the high has shown greater energy than the wave up. This leads to the conclusion that the wave....
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Bitcoin Price Key Highlights. Bitcoin price appears to be moving sideways these days, barely able to establish a clear strong direction after its sudden rally and subsequent drop earlier in the month. Price is bouncing back and forth between support at $315 and resistance at $340, and might stay inside this range for quite some time. Technical indicators are suggesting that bitcoin price could keep moving inside its short-term range, although the path of least resistance is still to the downside. Mid-Range Area of Interest. At the moment, bitcoin price is stalling at the middle of its....
Bitcoin price is stuck in consolidation, stalling at the middle of its range and still deciding whether to make a test of resistance or not. Bitcoin Price Key Highlights. Bitcoin price has been moving sideways recently, bouncing off support at $565 and finding resistance at $585. Price is in the middle of its range for now and may be encountering a bit of resistance at the area of interest. A break above the moving averages could put it on track towards testing the range resistance once more. Technical Indicators Signals. The moving averages are oscillating, which suggests that the....
Since its release on May 22 this year, ApeCoin has experienced lots of challenges. To date, its prices have steadily decreased. The difficulties started in the middle of the May–June crypto market meltdown. Although ApeCoin was designed to aid the APE project on its Web3 journey, the token’s price has recently broken to a bearish structure after falling below the $5 support level. If the bearish structure continues to gain ground, does that mean a rally is imminent? As of this writing, APE is trading at $4.72, down 7.6 percent in the last 24 hours, data from Coingecko show,....
This three-months-and-counting consolidation period Bitcoin is in has many investors with the finger on the trigger. Even though we’re in the middle of an Altseason of sorts, mainly caused by the lack of price fluctuation Bitcoin is exhibiting, the hunters seem to be ready. A recent Arcane Research report shows that, in the last year, […]
In this episode of NewsBTC’s daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into what the next targets might be. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 26, 2022 The breakout across crypto has already resulted in a substantial amount of shorts liquidated. How far could this Bitcoin rally run? Related Reading: Are Bitcoin Bulls Ready To Stampede? | BTCUSD Analysis October 25, 2022 Bitcoin Rally Approaches Middle Of Trading....