Tag: bitcoin price analysis

Oct 22 2020

How Does the Halloween Strategy Influence Bitcoin (BTC) Price?

The Halloween Strategy is a theory that traders and investors use to guide investment decisions in the stock market. This theory states that the market enters a bullish trend starting from 31 October of every year to May 1 of the succeeding year. In other words, assets give a better return on investment during this […] The post How Does the...

Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few...

Oct 19 2020

Bitcoin Price Analysis – IS BITCOIN STILL WORTH IT IN 2020?

The leading cryptocurrency has proven its perseverance through years of tough market fluctuations, and the year 2020 was no exception....

Oct 16 2020

Bitcoin Price Prediction: Why BTC Might Revisit $11,200 Before Rallying To $13,000?

Bitcoin recovers but marginally; resistance at $11,600 stays intact. A rising wedge pattern suggests that a reversal is in the offing while immense support is anticipated. Bitcoin recovered slightly from the...

Oct 15 2020

Bitcoin Price Prediction: BTC Prepares For A Major Liftoff To New Yearly Highs

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs....

Oct 12 2020

Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the...

Oct 01 2020

Bitcoin Price Prediction: BTC Falters Ahead Of A Potential Breakdown To $10,000

Bitcoin settles above $10,800 after bouncing off $10,600 support. Bitcoin nurtures a sideways trend ahead of a breakdown that could revisit levels around $10,000. The cryptocurrency market is...

Sep 30 2020

Bitcoin Technical Analysis: BTC Eyes Retreat Before Another Breakout To $11,000

Bitcoin price is poised for a retreat to the next support at $10,600. The 50 EMA and 100 EMA are in line to offer support to save Bitcoin from the potential fall to $10,600. The flagship cryptocurrency has been...

Sep 28 2020

Bitcoin Price Analysis: BTC Bulls Regain Control, Plenty Of Room For Growth Above $11k

Bitcoin renews the uptrend after settling above the 50-day SMA. BTC is accorded with immense support according to on-chain analysis. The flagship cryptocurrency is gradually closing in on the coveted $11,000...

Sep 23 2020

Bitcoin Price Prediction: BTC Upward Momentum Stalls Under $10,600 But Bulls Eye $11,000

Bitcoin bounces off support at $10,100 but hits a barrier at $10,600, delaying the uptrend. The number of new addresses joining the network is rising amid speculation that Bitcoin will soon hit $11,000. The flagship...

Sep 21 2020

Is Bitcoin Entering A Bear Market?

The Bitcoin price reached our $11,200 target, then started a correction that could end in a bear market! Where will Bitcoin's price crash end? Follow us on Twitter!...

Bitcoin Price Analysis: BTC Facing The Ultimate Make Or Break Level Of $11,000

Bitcoin price is pivotal between the 50-day SMA and $11,000, suggesting possibilities of consolidation taking over. The impact of an ascending wedge is kept at by the 50-day support, breakdown back to $10,000 is still in the...

Aug 24 2020

Bitcoin (BTC) Price Prediction and Analysis in September 2020

Following the Bitcoin halving event, which took place earlier in May, BTC's volatility made a dive. It hit an all-time low in June; the calmest cryptocurrency markets have been in a long while. Over the next two months, BTC would show greater price fluctuations, making it hard to determine where Bitcoin will go in September […] The post Bitcoin (BTC) Price...

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