Bitcoin is About to Clear a Crucial Resistance; What Analysts are Saying

Bitcoin is About to Clear a Crucial Resistance; What Analysts are Saying

Bitcoin has seen some mixed price action as of late, with bulls currently trying to form a breakout rally as the crypto pushes towards key resistance It did face a somewhat strong rejection earlier today that has since led it lower, which could be a grim sign for what comes next One trader said in a recent tweet that BTC’s near-term outlook likely depends wholly on whether or not it can continue pushing higher and […]


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It’s Decision Time for Bitcoin as Technicals Suggest a Crucial Breakout Pattern

Bitcoin price is extending its rise above $10,750 against the US Dollar. BTC is now approaching a crucial breakout zone near $10,850, $10,920, and $11,000. Bitcoin started a decent recovery wave above the $10,550 and $10,650 resistance levels. The price was able to clear the $10,750 resistance and settled above the 100 hourly simple moving […]

TA: Bitcoin Trades Near Crucial Juncture, Why 100 SMA Is The Key

Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. The price is currently holding the $15,200 support and the […]

It Could Soon Be “Go Time” if Bitcoin Breaks One Crucial Level

Bitcoin has been flashing some subtle signs of strength heading into election day, as bulls were able to push it from $13,400 to $13,700 earlier today before it began facing some resistance Its price action as of late has marked consolidation, and it doesn’t appear that analysts will have a clear idea of where it is heading next until after the election Some believe that the results of the presidential race will have far-reaching impacts […]

Ethereum Price Just Reversed and $1,700 is Imminent, Here’s Why

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Bitcoin Reaches Critical Resistance Zone; Will It Spark a Bearish Reversal?

Bitcoin’s price saw a notable rebound today that allowed it to recover from an overnight dip and rally to fresh local highs within the $11,500 region. This push higher is promising because it is finally allowing Bitcoin to confront the crucial resistance it faces between $11,600 and $12,000, which is a resistance zone that analysts […]