Traders Blog - Analysis, Strategies, News and more | Category - Crypto
Bitcoin back above $30,000 – about to reverse the downtrend!
Bitcoin retreating slowed last week and the crypto major consolidated in a narrow range around $30,000. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to reverse if the price breaches above $30,...
Bitcoin back below $30,000 – on its way to $20,000?
Bitcoin retreating proceeded unabated last week. Bitcoin fell to as low as $24,000 last week as Tether briefly lost its peg to US dollars. The crypto major Bitcoin recorded seven straight weeks of losses for the first time in its history. Bitcoin is...
Bitcoin falls below $33,000 breaching below support!
Bitcoin retreating accelerated last week as bears held firm control of crypto market – BTCUSD closed down six out of seven sessions. Bitcoin fell below $33,000 after breaching below uptrend support line. A glance at the Bitcoin daily chart reveals th...
Bitcoin bias still bearish after failing to rebound above $41,450
Bitcoin price movement retained bearish bias last week after unsuccessful attempt to rebound above $41,450 as bears retained control of crypto market. A glance at the Bitcoin daily chart reveals the bearish trend continues, Bitcoin is testing the low...
Bitcoin falls after failing to rebound above $41,450
Bitcoin retreated after unsuccessful test of Fibonacci 23.6 last week: it was unable to close above $41,450 as bears retained firm control of crypto market. A glance at the Bitcoin daily chart reveals the bearish trend continues and there are no sign...