Bitcoin and several major altcoins attempted to start a relief rally, but higher levels continue to attract strong selling by the bears.
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- Price Analysis
Bitcoin and several major altcoins turned down from their overhead resistance levels, signaling that the bears continued to sell on rallies.
4110 - Price Analysis
Bitcoin and select altcoins are attempting to start a recovery, but higher levels are expected to attract strong selling by the bears.
3328 - Price Analysis
Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at range highs are preventing a stronger bull trend from forming.
3420 - Price Analysis
Bitcoin and altcoin rallies are being capped by heavy selling near the intraday range highs, leading some analysts to revise their end-of-year price estimates. What do technical charts say?
3350 - Price Analysis
Bitcoin rallies continue to be capped by selling near the intra-day range highs, and the expectation of a Bank of Japan interest rate hike could amplify the downturn in BTC and altcoins.
3791 - Price Analysis
Bitcoin and several major altcoins have turned down from their respective overhead resistance levels, indicating that the bears are still very active at the range highs.
4546 - Price Analysis
Bitcoin is attempting a recovery, but the short-term trend depends on the Federal Reserve’s upcoming interest rate decision. Meanwhile, ETH leads the altcoin recovery.
3640 - Price Analysis
Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for the bull market to end with a drop to $70,000 and below.
6687 - Price Analysis
Bitcoin and several altcoins continue to show strength, but charts suggest that each needs a strong close above a key exponential moving average to continue the uptrend.
9139 - Price Analysis
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC's next stop?
3601 - Price Analysis
Several analysts claimed that Bitcoin bottomed at $80,000 and that the market has been reset. Do BTC and altcoin charts agree or reveal a different set of facts?
3698 - Price Analysis
Bitcoin has yet to find a bottom, but data suggests buyers were very interested in the abrupt dip to $80,000. Several altcoins are also approaching deep discount levels.
10067 - Price Analysis
Bulls are struggling to hold Bitcoin price above $90,000, but BTC and altcoin charts suggest new yearly lows are the most likely outcome for cryptocurrencies in the short term.
6147 - Price Analysis
Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.
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