Bitcoin is now facing three scenarios with the 20-week moving average likely playing a key role in determining which way the market goes in the next few months.
- Market Analysis
Bitcoin Price Bulls Have Only One Objective Before Next Week Starts - Market Analysis
Bitcoin Price Soars 15% to $7.2K But Breaking $8K Won’t Be Easy Bitcoin price shot up today breaking the $7K level for the first time since its big crash on March 12 but lots of selling pressure remains above.
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Bitcoin Price Facing New ‘Death Cross’ Suggests No $10K BTC Before May Bitcoin price has rebounded but is now stuck in a range between $6K-$8K with less than 50 days left before BTC miner block rewards are cut in half.
- Market Analysis
Bitcoin Holding $8K as Support but What Will it Take to Break $10K? Bulls look to regroup from a position of strength and aim to take Bitcoin price to new highs in 2020 by turning the $8,000 level into support.
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Bitcoin Price: First 4-Day Win Streak Since July Flips Charts Bullish Bitcoin bulls are pushing hard at $7,600 resistance as the market waits for the U.S. to open and determine what direction BTC price will likely go this week.
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Bitcoin Back Above $7K as a Higher Low Can Spark an Explosive Move Bitcoin price back above $7,000 and rising BTC dominance looks increasingly bullish as several resistance levels stand in the way of a definitive breakout.
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Bitcoin Now Likely to Revisit $6Ks After Failing to Break Resistance While Bitcoin price has been suggesting that the bottom has been found, there’s a good chance that a revisit of the $6,000s will occur in the near future.
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Bitcoin Price Weekly Candle Closed as a Pin Bar — So What Comes Next? Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend.
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Bitcoin Price: Bear Market Isn’t Over Yet, But $7.6K May Change This Fresh off the strong bounce on Wednesday, Bitcoin price is trying to hold on to $7,200 support and stage a move up to the next key level of resistance.
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Is Bitcoin Now Bullish or Bearish at $7K? Here’s the Scorecard Here’s the scorecard for Bitcoin price bulls vs. bears exactly a year after BTC bottomed around $3.2K on Dec. 16, 2018.
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Bitcoin Price Short-Term Indicators Hinting at $7.4K Weekend Bounce Bitcoin price is attempting to rebound from this week’s slump as it heads into the weekend that might see a relief rally, but don’t bet the farm just yet.
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It’s All About $7,400 for Bitcoin Price as a Big Move Is Now Imminent A volatile start to the week suggests that $7.4K will be key in what happens next to Bitcoin price and the wider cryptocurrency market.
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Bitcoin Price Showing Hidden Signs of Reversing — Next Target $8.2K Bitcoin bulls have their sights set on $8.2K as BTC price action shows hidden signs of reversing but the bearish descending trendline remains a serious obstacle to overcome.
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Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year.
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Bitcoin Price: Strong Bounce at $6.5K Enough for a Bullish U-Turn? Strong Bitcoin support at $6,500 resulted in a 13% gain today, pushing BTC back over $7K as key metrics point to a possible bullish reversal.
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After Testing $7K — Is Bitcoin Price Finally Close to the Bottom? Bitcoin price crashed below the 100-day moving average, leaving bulls no choice but to find a way to reclaim $7.6K in order to reverse the bear trend.
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Bitcoin Price Key Pattern Is Suggesting 68% Chance of Bullish Reversal Bitcoin is showing early signs of a potential bullish reversal, although the overall trend remains bearish with a retest of $8,000 likely for BTC/USD.
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Bitcoin Price Falls Below $9K as Bears Back in Control Eyeing $8.2K Bitcoin bears take back control as the short-lived weekend pump fails to crack heavy resistance and BTC falls to $8,700 and likely falling lower in the coming days.
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Why Did Bitcoin Price Drop Below $9,000? A Pivotal Weekend Ahead Bitcoin finally broke below $9,000 but has managed to pare some loses prior to what will likely be a pivotal weekend that will determine where the price is headed.
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Bitcoin Price: Big Move Brewing as $9.5K Becomes Next Key Battleground Bulls are leading Bitcoin’s weekly price action and this suggests a big move is imminent.
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Bitcoin’s First Monthly Gain Since June Spells Bullish for Q4 2019 Bitcoin price has closed October green, a first since June, and now has key moving averages on track to cross bullish in November.
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‘Death Cross’ Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls Bitcoin price is under threat as an impending death cross on key moving averages decreases the likelihood of a rally to $8.8K.
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Bitcoin Price: 2 Key Indicators Suggest Accumulation Underway Below $10K On-chain data and Bitcoin’s on-balance volume indicator (OBV) suggest retail and institutional investors are quietly accumulating more BTC.
- Market Analysis
Key Trading Indicator Suggests Bitcoin Bulls Are Steadily Accumulating The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias.
- Interview
Tone Vays: Ethereum Is Useless — Bitcoin Price Could Hit $100K in 2023 Prominent Bitcoin trader Tone Vays discusses crypto, Libra, Bakkt and sh*tcoins with digital asset market analyst filbfilb.
- Market Analysis
Bitcoin Price: Does the Bounce Over $8,400 Suggest BTC Just Bottomed? Bitcoin bounces back from the drop to $7,800 but bulls are unsure whether the crypto market bottom is in?