Traders Blog - Analysis, Strategies, News and more | Category - Crypto
Bulls firmly in control – is this the beginning of a rebound?
Bitcoin price bearish momentum seems to have been reversed by bulls. The price has retraced up above $17,200 after third test of Fibonacci 23.6 resistance. Looks like bulls are holding on their own after bears lost control as price started rebou...
Bulls fight bears after Bitcoin leaves uptrend channel
Bitcoin price bearish momentum seems to have been checked by bulls while the price has fallen below $16,800 after breaking out from the uptrend channel. Looks like bulls are holding on their own after bears won control and drove the price down, breac...
Crypto bulls in control after resistance breach
Bitcoin price continues climbing after the bearish dynamics was reversed following the successful breach above resistance two weeks ago. It is above $17,200 currently. A glance at the daily chart reveals bears relinquished control decidedly last...
Crypto bears in control after resistance test
Bitcoin price dynamics didn’t undergo significant changes last week after dramatic collapse the prior week prompted by FTX exchange liquidity problems and subsequent bankruptcy. It is below $16,100 currently after consolidating for one week. A glance...
Crypto bears victorious after US inflation surprise
Bitcoin price failed to maintain the upward momentum last week and is below $17,000 currently after holding above $20,500 for two weeks! A glance at the daily chart reveals the price lost 22.3% on the week as it retreated six out of...