Tag: bitcoin price prediciton

A support fallout from a flag pattern suggests further correction in Bitcoin(BTC) price. The successful retest validates this breakdown, followed by a 4% decline in price. Responding to the pattern fallout, the coin price could hit $36650 and, with sustained selling, the $30000 mark. Key points on BTC analysis: The BTC price give witnessed a...

A recent report from fintech firm Finder showed that world no.2 cryptocurrency Ethereum (ETH) may be poised to outperform its larger peer Bitcoin (BTC) in 2022. The reports comes with BTC trading in a tight price range for a bulk of the year. The token's muted performance has also seen several traders turn cold on...

The Bitcoin price witnessed a short-term bull rally resonating in the inverted Flag pattern channel. However, the recent sell-off in the crypto market has sunk the coin price to shared support of ascending trendline and $40000. The decreasing volume activity suggests a bullish reversal to the $45000 mark. Key points: The BTC price would maintain...

The recent fallout from the $45000 resistance may have trapped the aggressive buyers who bought the breakout trade. The Bitcoin(BTC) price currently trades at the $42645 mark and teases a weekly candle closing below $45000. However, the coin chart reveals a rising wedge pattern which may prevent any excess loss in this correction. Key points:...

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Bitcoin price trades in the red on Thursday as bulls struggle to stay afloat. The support around $61,500 is crucial for BTC to resume the upswing. Bitcoin price opened the day on Thursday trading in the red tanking further below the October 20 downtrend line. BTC is currently trading at $61,519 in a third straight The post Bitcoin Price Prediction: BTC’s Upswing Depends...

Bitcoin suffers a rejection within a whisker of $50,000 as the bullish weekend session turns bearish. BTC may freefall toward $43,000 if the 50 SMA support fails to hold. The flagship cryptocurrency will...

Bitcoin refreshes the levels under $18,000 as declines to $16,200 beckon. The 200 SMA must stay intact to ensure that BTC does not complete the bearish leg to late November support at $16,200. Bitcoin is...

Bitcoin’s reclaimed the position above $19,000 over the weekend but failed to disperse the seller congestion at $19,500. BTC is nearing a breakout as the Bollinger Bands’...

Bitcoin price elevated to new yearly highs of $14,100 just before the new month. BTC/USD consolidates between $13,600 and $14,000 before an imminent breakout towards $15,000. Bitcoin price...

Bitcoin takes a hiatus at $13,800 but eyes glued on $15,000. The bellwether cryptocurrency has no significant resistance to $15,000 especially if the short-term hurdle at $14,000 is broken. Bitcoin not only hit...

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...

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...

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...

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...