Bitcoin Price Weekly Analysis – $605-10 Is Crucial For BTC/USD?

Bitcoin price looks bullish on a higher timeframe chart like the weekly chart, but the BTC bulls must capitalize and take it higher. Key Points. Bitcoin price may trade higher vs the US Dollar, as it looks it broke a major resistance area. There was a contracting triangle pattern formed on the weekly chart (data feed from Bitstamp) of BTC/USD, which was broken during the recent upside move. The price is now above the 100-weekly simple moving average, which is a positive sign for the BTC bulls. Bitcoin Price Crucial Break. Bitcoin price managed to slowly climb higher vs the US dollar, and....

Bitcoin price may have created a short-term top around the $500 level. it looks like the price may struggle to hold more losses moving ahead. Intraday Support Level for Bitcoin price can be at $350. Intraday Resistance Level may be at $380. Bitcoin price found it hard this past week to trade higher, especially above the $500 mark. There were sellers around the stated level aligned from a long time defending the upside move. Finally, they managed to push the price down. There was a contracting triangle pattern formed on the daily chart via the data feed from HitBTC, as highlighted in the....

Across crypto Twitter, analysts claim that Bitcoin price just had an extremely bullish close, but a crucial momentum measuring indicator says otherwise. In fact, the tool just flipped bearish for the first time on weekly timeframes since April 2020, right after the Black Thursday rebound and pre-halving rally. Bitcoin Weekly MACD Opens Bearish For First […]

The price of Cosmos (ATOM) could be set for a wild rally with a potential breakout against Tether (USDT) ahead of summer relief for altcoins.  Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like Cosmos breaking out in price. (Data feeds from Binance) Related Reading: TA- Ethereum Price struggles To Breakout – Eyes $2,000 Price Analysis Of ATOM On The Weekly Chart From the chart, the price of ATOM saw a weekly low of around $6.5, which bounced from that range and rallied to $11.3. The price has built more momentum as it faces....

Bitcoin price surged high further as forecasted in the last weekly analysis of BTC/USD. Now can the pair trade towards the $750 level this upcoming week? Key Points. Bitcoin price gained a lot of traction this past week versus the US Dollar, and traded higher above $700. There is a monster bullish trend line formed on the daily chart (data feed from SimpleFX) of BTC/USD, which acted as a catalyst for an upside move. If the current momentum continues, there is a chance of a move towards $750. Bitcoin Price Upside Surge. In the last week analysis, I mentioned that Bitcoin price is in an....