Traders Blog - Analysis, Strategies, News and more | Category - Crypto
Bitcoin Bias Bearish After Breaching the Triangle Pattern!
Bitcoin breached below the side of the symmetric triangle chart pattern that had formed last week. It is a bearish signal. The Bitcoin price is expected to test again the support line as shown on the chart below.Crypto markets were in consolidation m...
Bitcoin Reverses Rebound to Test Support Again!
Bitcoin rebounded last week but on its way to Fibonacci 38.2 resistance at $46701 reversed down. Current technical setup is bearish. Bitcoin price will continue retreating after breaching below Fibonacci 23.6 support. But I expect it will rebound off...
Bitcoin Climbs to Test a Resistance
Bitcoin ended higher last Thursday after erasing earlier losses as Ukraine conflict started. Bitcoin price rebounded after touching the support on February 24 and is rising currently. As the BTCUSD daily chart below indicates, the trend is bullish –...
Ukrainian Crisis Impact on Cryptocurrencies
Western sanctions on Russian businesses and banks in response to armed conflict between Russia and Ukraine have created an unexpected support for cryptocurrencies markets. It is easy to see how Russian businesses and citizens scramble to secure...
BTC Under 40K, where to go?
Fear of falling or preparing for a jump?It is always a common question, we should buy when it`s increasing, or buy-in deep? If we want to buy in deep, how deep should it go to buy? At the same time, we have many analysts that believe that 2022 is the...
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