Horus is a certified crypto zealot, finance writer, and a steady swing trader. He is passionate about blockchain’s capacity to transform cities, commerce, and the entire banking system as we know it. Dune bashing, camping, and working with kids are his non-crypto interests.
Bitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800.
Bitcoin Price: Why Today’s Weekly Close Is Crucial to Avoid $8,000s
Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility.
Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day
The price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed.
Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K
Bitcoin price dropped nearly 5% after rejecting at a key resistance level again, is it a buy the dip opportunity?
Bitcoin Price Drops 5% After Rejecting at Key $9,900 Resistance
The recent golden cross between key moving averages has Bitcoin traders wondering if a strong upside move to $10,500 is in the making.
Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?
After a 20% gain since halving, a sharp 5% drop in Bitcoin price provided a necessary retest of key support while most buying interest is still further down.
Bitcoin Dip-Buyers Are Now Watching This Level After Another 5% Drop
Surging trading volume and a push above a key resistance hint that Bitcoin price is back en route to $10,000.
Two Key Metrics Suggest Bitcoin Price Is Back on the Path to $10,000