Here’s the Bitcoin Price that “All the Key Levels” are Currently Pointing To

Here’s the Bitcoin Price that “All the Key Levels” are Currently Pointing To

Bitcoin and the aggregated cryptocurrency market are currently pushing higher, with bulls moving to erase all of the losses that came about as a result of the recent selloff The selling pressure seen around its all-time highs in the mid-$19,000 region was unsurprising, but it may not hold strong during the next test of this level Traders believe that today’s rebound may not last for too much longer, with the selling pressure in the lower-$18,000 […]


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Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge

Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […]

Bitcoin In Peril? Is BTC ‘Fighting Crucial Levels’ Or Winning?

Bitcoin (BTC) analyst Michaël Van de Poppe suggests potential paths for the world’s leading cryptocurrency as it grapples with significant price levels. Van de Poppe, a prominent figure in the crypto trading world known for his insightful market analyses, emphasized the critical nature of BTC’s current struggle.  Taking to X, the renowned social media platform, […]

Bitcoin Price Watch; Here’s What’s On Tonight

Here's what we are going to watch for tonight's session in the bitcoin price. Before we get started on this evening’s analysis, there are two things worth pointing out from this morning’s publication. The first, that we remain well within the range we slated, which likely means that we’ve seen the end of last’s night’s decline, at least temporarily. Second, that we did get a brief correction, and we managed to pick out the reversal point almost to the cent. Bragging rights aside, why is this important? Well, it validates our upside key level (i.e. resistance) and suggests there’s probably....

Bitcoin Price Technical Analysis for 14/03/2016 – Short-Term Selloff Due?

Bitcoin price formed a head and shoulders pattern on its short-term chart, suggesting that a drop to the $380 area might take place again. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is still to the upside. This means that bitcoin price could still test the previous highs at the $420-245 area. However, RSI is pointing down so price might follow suit, moving down to the area of interest around $410. A break below this level could confirm that further losses are in the cards. The chart formation is around $30 tall so the resulting breakdown could be of the....