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Bitcoin rebounding continues – will the downtrend reverse?!
Bitcoin rebounded last week. Bitcoin price is above $21,000 currently though there is widespread belief it will fall below $20,000. A glance at the daily chart reveals Bitcoin is trading sideways currently. However, the bulls have not overtaken bears...
Bitcoin rebounds – still in downtrend though!
Bitcoin retreat continued last week. Bitcoin price is above $20500 currently, after falling under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the oversold zone. That explains t...
Bitcoin back in downtrend – traders close to capitulation!
Bitcoin reversed the rebound last week and renewed the downtrend again! Bitcoin price is below $24000, considerably under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the overso...
Bitcoin reversed the downtrend – set to rise!
Bitcoin reversed the downtrend last week! Bitcoin price is about to move above $31,400 – continuing on a new bullish leg that will take it back into the uptrend channel that it broke out to the downside four weeks ago! Against the backdrop of global...
Bitcoin about to reverse the downtrend –above $30,000 still!
Bitcoin continued trading in a downtrend range last week. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to breach above $30,750 and the RSI indicator has formed a bullish divergence. And in cas...
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