Bitcoin is Getting “Squeezed” Between 2 Critical Levels; Volatility Imminent
Bitcoin’s price action has been rather lackluster ever since it saw its sharp decline to lows of nearly $28,000 just a few days ago The selling pressure that sent it down to these lows has since subsided, but bulls have been struggling to extend the momentum that first sparked this movement Where the entire market trends in the mid-term may depend largely, if not entirely, on whether Bitcoin can sustain the rebound seen in the […]
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Bitcoin has embarked on a strong rally over the past few days that has brought from the $9,800 lows to $11,500. This is an over 15% rally that has brought the coin above crucial technical levels. Analysis predicts that Bitcoin is set to continue its surge to the upside. The analysis shows an imminent reversal in the one-day MACD, coupled with Bitcoin moving above a critical moving average. Critical Bitcoin Buy Signal Is About to […]
Bitcoin is trading just below the critical $90,000 level, struggling to regain bullish momentum after weeks of uncertainty. Market sentiment has shifted slightly — from extreme fear to cautious observation — but confidence remains fragile. Analysts are split on what comes next. Some warn that failure to reclaim $90K could extend the current downtrend, while […]
Shortly before the markets closed in the UK yesterday evening, we published our twice-daily bitcoin price watch analysis piece. In the piece, we highlighted a number of the key levels we would be keeping an eye on in the bitcoin price throughout Wednesday evening, and suggested how we might respond to price reaching or breaking these levels as far as entering according to our scalp strategy was concerned. Now action has matured overnight, we are looking at a number of fresh key levels today to try and to draw profit from the market. With this said, what are these levels, and where will we....
Ethereum (ETH) is currently facing a critical test as it approaches the key support level of $3,360. This price point has emerged as a significant marker in recent trading sessions, with market participants closely watching to see if ETH can maintain its footing or if further declines are imminent. The $3,360 level represents a crucial […]
Bitcoin bounced back from the high area of around $30,000, and trends to the upside of its current range. The first crypto by market cap managed to trace back its weekend losses and returned to the $40,000 area. Related Reading | TA: Bitcoin Recovers Losses But Here’s Why $41.5K Could Prevent Gains At the time of writing, Bitcoin trades at $41,600 with a 6% and 5% profit in the last 24-hours and 7-day, respectively. The general sentiment in the market seems optimistic as BTC’s price was able to push back the bears’ fresh assault and prevent further losses. The $38,000 to $39,000 area....