Tag: btc price analysis

Feb 01 2023

If This Holds True, A Massive Bitcoin (BTC) Price Breakout Is Coming

Prices of cryptocurrencies showed a general upward trend during Tuesday's trading session as the market appears to end the month of January with...

Jan 24 2023

Is Bitcoin (BTC) Price Heading For $46K After This Massive Breakout?

Jan 24 2023 Published at Coingape under tags  bitcoin btc price analysis news

On Tuesday, several cryptocurrencies, including Bitcoin (BTC), were trading higher with gains as the crypto market continued to rise. The price of Bitcoin...

Nov 28 2022

This Bitcoin Investors’ Cohort Makes Aggressive BTC Purchases

The world's largest cryptocurrency Bitcoin (BTC) has come under massive selling pressure ever since the FTX collapse triggered. As of now, Bitcoin is trading 2.30% down at a price of $16,198 with a market cap of $311 billion....

Aug 13 2022

Why Bitcoin Miners May Affect Ongoing BTC Rally?

The world's largest cryptocurrency Bitcoin (BTC) has delivered a strong price pump moving closer to $25,000. As of press time, BTC is trading 3% up at a price of $24,678 with a market cap of $472 billion. On the other hand, Bitcoin miners continue to book profits with every rise in order to cover their The post Why Bitcoin Miners May Affect Ongoing...

Aug 12 2022

Jul 22 2022

Bitcoin Price Analysis: BTC Consolidates Below 50-day EMA; Is $25,000 Still Valid?

Jul 22 2022 Published at Coingape under tags  btc price analysis price analysis

Bitcoin price faces rejection near the swing high of $24,287.13 made on Wednesday. The recent price action indicates a shift in the bearish sentiment owing to the broader crypto market recovery. BTC price extends the consolidating for the third straight day. The price spot renewed strength after briefly dipping towards $22,000. A retest of the...

Jul 21 2022

Bitcoin Price Analysis: Potential Descending Move Toward $21,000 On This Bearish Formation

Jul 21 2022 Published at Coingape under tags  btc price analysis price analysis

Bitcoin's (BTC) price is trading lower amid overall bearish sentiment. The price is still consolidating near the $22,000 level. This trading level also coincides with the short-term support-turned-resistance level. Thus, a crucial level to hold for the investors. BTC price extends the losses for the second straight day. The formation of the ‘Spinning’ top might...

Jul 20 2022

BTC Price Analysis: Is BTC Preparing For $26,000 Next?

Jul 20 2022 Published at Coingape under tags  btc price analysis price analysis

Bitcoin (BTC) price extends the gains for the third straight session. The momentum picked up during the beginning of the week and remained intact as the price tag one-month-old resistance. BTC price prints fresh gains on Wednesday amid sustained buying pressure. The bullish breakout keeps the upside target intact near $26,000. However, a daily candlestick...

Jul 19 2022

Bitcoin Price Analysis: Bulls Attempts Recovery Toward 50-day EMA At $23,000

Jul 19 2022 Published at Coingape under tags  btc price analysis price analysis

Bitcoin (BTC) price failed to capitalize on the previous day’s gains. The price is stuck below the short-term resistance zone plying between $22,000 and $23,000. BTC trades with modest losses on Tuesday. The price is expected to consolidate in the range of $20,000 and $23,000. The downside is well guarded near $18,000 on the daily...

May 17 2022

Bitcoin Price Analysis: BTC Price Holds Above $30,000; Opportunity To Buy?

May 17 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price kick-starts the session on a higher note with mild gains. The pioneer cryptocurrency manages to hold above the psychological $30,000 mark amid renewed buying pressure. The downside is capped near $29,000 for the past three sessions, thus right now BTC is caught in a very tight trading range. BTC price prints modest gains...

May 16 2022

Bitcoin Price Analysis: BTC Price Under Bear’s Spell; Is $26,000 On Cards Again?

May 16 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price edges lower bucking the previous week’s late recovery. The price opened the trading session on a higher note but soon the upside fizzled out. BTC breaks below the $30,000 mark telling that the sellers are still looking for further liquidation. BTC price trades lower amid existing selling pressure as the fresh trading session...

May 14 2022

BTC Price Consolidates Below $30,000; Is $34,000 Feasible From Here?

May 14 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price treads water on Saturday extending the consolidation of the last two sessions. The sellers seem exhausted near two-year lows. As the price quickly recovered back from the lows of Thursday with a gain of 5k points. In addition to that, a bullish formation on the weekly chart is looking for a minor upside....

May 13 2022

Bitcoin Price Analysis: BTC Price Reclaims $30K Amid Extreme Oversold Market Conditions; Time To Buy?

May 13 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price action exhibits a framework that hints at a possible upward movement. The price opened lower but quickly recovered to the session’s high. BTC tagged the $30k mark after days of downside moment. The current price action hints at a recovery rally although downside risk remains intact. BTC's price manages to rebound from the...

May 12 2022

Bitcoin Price Analysis: BTC Price Breaks Toward December 2020 Lows; Is $17,000 Next?

May 12 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price treats the market with no surprises as extends the losses for the second straight day. The price has been in an extended downward trend started since last week. This marks the sixth week of the downfall in a total of 47% deprecation. BTC price trades in red with heavy selling volume as the...

May 10 2022

Bitcoin Price Analysis: BTC Price Rebounds From 10-month lows; Is $34,000 possible?

May 10 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price started the session on a muted note and fell lower quickly to retest the levels last seen in July. But, the price recovered swiftly and managed to gain the $32k mark. However, the current price action could be counted as a dead cat bounce in technical terms. The upside bounce seems limited as...

May 09 2022

BTC Price Analysis: BTC Fear & Greed Index At Extreme High; Should You Worry?

May 09 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price kick-starts another session on the slimmer note. The pioneer cryptocurrency finally smashed the January lows, amid sustained selling pressure. BTC's price is on the verge of the straight seventh week of losses. Investors lost their patience and further fastens the belt for another downswing as indicated by the prevailing technical setup. BTC price...

May 07 2022

Bitcoin Price Analysis: BTC Price Faces Downside Risk Below $35,000 On Weekly Chart

May 07 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price traded with a cautious tone as the sell-off cools off on Saturday. It seems the sellers look exhausted, as the price manages to reclaim $36,000. In a broader crypto market selling spree, ETH is down nearly 6% as compared to a decline of 8% in BTC. BTC sell-off stabilizes and trades flat on...

May 06 2022

Bitcoin Price Analysis: BTC Price Approaches $35,000 For First Time Since February

May 06 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price lost to the bears after a long stint of consolidation on Friday. The price fell more than 10% as of writing in a two-day period. The force behind the recent price action gives goosebumps to the BTC buyers as the price found no stoppage while dropping below $37,000. BTC's price slumps below $36,000...

May 05 2022

Bitcoin Price Analysis: BTC Price Consolidates Below $40,000; A 10% Bounce Is Awaited

May 05 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price took a breather following the previous day’s mammoth gains. The price hovers in a very tight range with no meaningful price action. The bitcoin price rose sharply amid a retreat in the U.S dollar and higher stock indices. In addition, the bitcoin buyers are struggling to hold the upside levels. BTC price retreats...

May 04 2022

Bitcoin Price Prediction: BTC Price Hovers Near $38,000; Hold Or Exit?

May 04 2022 Published at Coingape under tags  btc price analysis price analysis

BTC price entertains with no fresh impetus as continues to defend the familiar price range. The price has been in an extended downward trend that was set in April but in the fresh trading series, it seems to be underpinned near $38,000. However, investors must imply a cautious approach before placing aggressive bids as the...

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