Bitcoin Price Eyeing $300
Bitcoin price has, during the past three days, formed a series of lower highs and higher lows in a pattern that resembles the consolidation prior to a decline. There are technical indications that a pull lower is on the cards, but it may not get far. 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: 15h00 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The Bitfinex 1-hour chart shows the decline since the....
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Bitcoin price traded positively this past week versus the US dollar, and currently the BTC/USD pair is eyeing a major downside move. Key Points. Bitcoin price traded positively this past week against the US Dollar to trade near $780. At the moment, the BTC/USD pair is attempting to break a bullish trend line formed on the 4-hours chart (data feed from SimpleFX). If there is a break and close in BTC/USD, there may be an increase in the downside pressure. Bitcoin Price Trend Line Support. There was a nice upside move in BTC price this past week, as it moved towards the $780 level against the....
Bitcoin price remained in a bullish zone above the $45,000 support against the US Dollar. BTC is eyeing a fresh rally above the $48,000 and $50,000 resistance levels in the near term. Bitcoin climbed above the $48,000 resistance, but it struggled to continue higher towards $50,000. The price is trading nicely above the $45,000 level […]
Bitcoin managed to hit $16,000 on Wednesday after repeatedly eyeing the psychological resistance level for weeks.
Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works.