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Bitcoin downtrend persists
Crypto

Bitcoin downtrend persists

Bitcoin price is below $19,700 currently. A glance at the daily chart reveals the price is testing the lower boundary of the narrow range it was trading in last week. The downward trend is still in place as bulls didn’t make attempts to retake contro...

Author:
Ara Zohrabyan
Published on: 05.09.2022 17:46 (UTC)
403
Bitcoin reverses the uptrend
Crypto

Bitcoin reverses the uptrend

Bitcoin price is below $20,000 currently after the top cryptocurrency by market cap fell 7.3% over last week. A glance at the daily chart reveals the price is retreating after a bounce last week following a breakout from a downward channel that rever...

Author:
Ara Zohrabyan
Published on: 29.08.2022 17:57 (UTC)
416
Bitcoin broke below trendline!
Crypto

Bitcoin broke below trendline!

Bitcoin retreated five out of seven sessions last week. Bitcoin price is below $21,400 currently. A glance at the daily chart reveals the price is retracing down to the low it hit last Saturday after breaking below the mid-level and lower bound...

Author:
Ara Zohrabyan
Published on: 22.08.2022 17:57 (UTC)
362
Bitcoin failed to breach Fibonacci resistance
Crypto

Bitcoin failed to breach Fibonacci resistance

Bitcoin advanced five out of seven sessions last week. Bitcoin price is still close to $24,000. A glance at the daily chart reveals the price is retracing down to the mid-channel after multiple test of the Fibonacci 23.6 resistance level! Fibona...

Author:
Ara Zohrabyan
Published on: 15.08.2022 17:26 (UTC)
355
Bitcoin in uptrend channel!
Crypto

Bitcoin in uptrend channel!

Bitcoin closed up five out of seven sessions last week and retraced up within the uptrend channel after reversing the downswing not far from the mid-channel. Bitcoin price is above $24,000 currently! A glance at the daily chart reveals Bitcoin is cli...

Author:
Ara Zohrabyan
Published on: 08.08.2022 17:23 (UTC)
438

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