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Bitcoin rally to persist?
Crypto

Bitcoin rally to persist?

Bitcoin’s price rallied dramatically last week as it reversed its retreat! The price is above $28,000 currently. Bitcoin breached above the Fibonacci 100 and then went up to breach above Fibonacci 161.8 resistance! The RSI entered the overbought zone...

Author:
Ara Zohrabyan
Published on: 20.03.2023 17:24 (UTC)
18
Bitcoin rebound to persist?
Crypto

Bitcoin rebound to persist?

Bitcoin’s price deepened the retreat last week but paired most of its losses! The price is below $22,100 currently. Bitcoin breached the Fibonacci 100 support last week but retraced back above it over the weekend. The RSI dipped into the oversold zon...

Author:
Ara Zohrabyan
Published on: 13.03.2023 17:23 (UTC)
57
Bitcoin poised to retrace down
Crypto

Bitcoin poised to retrace down

Bitcoin’s price declined last week and is below $22,500 currently. Bitcoin moved down after consolidating halfway between the Fibonacci 161.8 and Fibonacci 100 level last week. The RSI remains in neutral zone. Bears now are consolidating their contro...

Author:
Ara Zohrabyan
Published on: 06.03.2023 17:13 (UTC)
56
Bitcoin failed to breach Fibonacci 161.8 resistance
Crypto

Bitcoin failed to breach Fibonacci 161.8 resistance

Bitcoin’s test of Fibonacci 161.8 resistance ended in failure last week and the price is below $23,500 currently. Bitcoin reflected off the Fibonacci 161.8 resistance and remains in consolidation mode halfway between the Fibonacci 161.8 and Fibonacci...

Author:
Ara Zohrabyan
Published on: 27.02.2023 17:48 (UTC)
80
Bitcoin testing Fibonacci 161.8 resistance
Crypto

Bitcoin testing Fibonacci 161.8 resistance

Bitcoin resumed advancing last week and is below $25,200 currently testing Fibonacci 161.8 resistance. The price is in consolidation mode after rebounding from the Fibonacci 100 level. The RSI is in neutral zone. Bulls are struggling to consolidate t...

Author:
Ara Zohrabyan
Published on: 20.02.2023 17:15 (UTC)
112