Bitcoin Price Analysis: Fed Night!

Here's a look at what we are focusing on in the bitcoin price this morning. Wow, what a night. We’ve been asking for some volatility in the bitcoin price for the last couple of days, and boy did we get it last night. Things we’re a little flat in to yesterday evening, and we noted in the second analysis of the day that we may see a sharp breakout based on the idea that the flat action heading into the late session was a sort of price coiling. Price coiling is a conceptual way to describe the pressure building between buyers and sellers in the (generally speculative side of the) market, and....

In this episode of NewsBTC’s daily technical analysis videos, we examine Bitcoin price action on Halloween night to see if the market is in for any tricks or treats. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 31, 2022 The forecast for Halloween night is cloudy with a chance of consolidation, according to the Ichimoku. As long as BTCUSD remains inside the cloud we shouldn’t expect many tricks, nor treats. The most recent rally took pause at the 100-moving average and could return to the 50-day MA for a retest before moving further. Losing both....

Bitcoin price made reentry last night and bounced at $300 and 1800 CNY after trading at almost double those prices less than a week ago. How low could it go? 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 Price Analysis. Time of analysis: 15h27 UTC. BTC-China 4-Hour Chart. From the analysis pages of xbt.social, earlier today: A massive move lower came as a shock - not because it declined - but because it did so without clear signaling in the chart - preventing us from....

Bitcoin price pulled back to support last night and, during Monday's early Asian trading session, advanced to target near $238 (Bitfinex). The move may not be over but it will need to retrace soon - whatever the larger trend may be. 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 Price Analysis. Time of analysis: 08h46 UTC. Bitfinex 4-Hour Chart. From the analysis pages of xbt.social, earlier today: Price found support at the intersection of a Fib line and the 4-hour....

Here's a look at what we are focusing on in the bitcoin price this morning. It’s time to take a first look at the bitcoin price for today, and see if we can set up against the action seen last night I order to draw a profit from the market. It was a bit of a strange night last night. Price took a hit and gapped down on no real news, and we managed to get in short on a break of support. The trade didn’t work out, and we are now net flat on the markets, but it’s given us something to go at from an intraday perspective. We’ve got a pretty solid range, and should head in to today’s European....