Bitcoin Enters Tight $30 Range as Investors Become Indecisive
Bitcoin’s price action has calmed after a strong move lower on the news of the CFTC charging BitMEX and President Trump catching the disease spreading across the globe. The cryptocurrency is currently trading in a tight $30 range, indicating that investors are indecisive. Bitcoin Enters Tight Range as Market Is Indecisive As noted by a top Bitcoin analyst, the leading cryptocurrency has been trading in a $30-50 range over the past few days as investors […]
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Bitcoin (BTC) trades around $112,260, consolidating within a tight range as investors weigh bullish technical setups against global macroeconomic headwinds. Related Reading: Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit The leading asset moved between an intraday high of $113,138 and a low of $110,812, showing the tight […]
Bitcoin is trading above the $95,000 level as bulls try to reclaim control and push toward six figures. After a strong rebound from its April lows, BTC has entered a tight consolidation range between $92K and $96K, with market participants watching closely for a decisive breakout. A move above the $96K mark could trigger the […]
Here's a look at what we are focusing on in the bitcoin price this morning. It is Tuesday morning, and time to take a look at the bitcoin price for the first time today. Action overnight was pretty weak, as it has been for the majority of the last few days, and we didn’t really get any opportunity to get in and out the markets as we would have liked. This doesn’t mean that we aren’t going to see any action today, but it may weaken our key levels purely because we haven’t had any recent breakouts. As has been pretty standard so far this week, we are going to stick with a really tight range,....
With the market remaining indecisive, Dogecoin has found its way into another accumulation phase after being rejected by bears once again. This has seen its price stuck just above $0.2, with a failure to mark any successful breakout. However, with accumulation trends, they often tend to form the basis for the next move, which could […]
Here's a look at what we are focusing on in the bitcoin price this evening In this morning’s bitcoin price analysis, we outlined what was a pretty tight range for use during the European session, and said that we would incorporate our breakout strategy only for as long as action remained as-was. That is, relatively tight highs and lows, without too much in the way of volatility. Action has now matured throughout the day, and there hasn’t really been too much to speak of. We did get a little bit of a break earlier on today, and we managed to get in for a quick profit to the upside, but....