Bitcoin Price Key Indicators Suggest A Strengthening Case For Bearish Break
Bitcoin price is struggling to recover above $26,500. BTC is clearly struggling and there is a risk of a downside break in the near term. Bitcoin is facing a lot of hurdles above the $26,200 resistance zone. The price is trading well below $26,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $25,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could take a major hit if there is a close below $25,350. Bitcoin Price Remains At Risk Bitcoin price remained in a bearish zone and all attempts to start a....
Related News
Bitcoin price started a decent increase above the $46,000 resistance against the US Dollar. BTC is now back above $47,000, but it is facing hurdles near $47,600. Bitcoin started a steady increase above the $45,600 and $46,200 resistance levels. The price is now trading above $46,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $46,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $47,500 resistance zone to continue higher in the near term. Bitcoin Price Starts Fresh Increase....
Ethereum is down 5% and it broke $330 and $320 support levels against the US Dollar. ETH price remains at a risk of more losses below $300 as long as it is below $340. Ethereum extended its decline below the $330 and $320 support levels. The price traded as low as $313 and it settled […]
Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. The price is now correcting below $23,500, but it is well […]
Bitcoin is slowly gaining pace above $46,500 against the US Dollar. BTC must clear $47,000 to move into a positive territory in the short term. Bitcoin is slowly moving higher above the $46,500 resistance zone. The price is trading above $46,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $46,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong increase if there is a clear move above the $47,000 resistance. Bitcoin Price Eyes Upside Break Bitcoin price extended decline and tested....
Bitcoin price is holding an important support near the $11,230 level against the US Dollar. BTC is likely to rally above $11,500 as long as it is above the $11,000 pivot level. Bitcoin started a downside correction after it failed to clear the $11,600 resistance zone. The price is still trading well above the $11,000 […]