Technical Analysis

Technical Analysis

Markets

Bitcoin’s recovery stalls just short of rescuing its last underwater cohort

Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000.

Yearly Volume Weighted Cost Basis (Checkonchain)

Markets

Down but not out. Bitcoin's stair-step bullish trajectory is still intact

Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.

BTC's stair-step rise. (TradingView/CoinDesk)

Markets

Why bitcoin is down 'just' 32% a year after its record high of $126,000

This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.

Bitcoin's price one year after bull market peaks. (CoinDesk, TradingView)

Markets

Bitcoin pulls back as another golden cross fails to deliver

Bitcoin’s golden cross may support the longer-term outlook, but history suggests much of the upside often occurs before the signal appears.

BTC: Golden Cross (Glassnode)

Markets

Bitcoin’s golden cross is here

A golden cross has triggered on bitcoin's daily price chart, indicating a potential long-term bullish trend ahead.

Bitcoin's daily price swings in candlestick format with moving averages overlaid. (TradingView)

Markets

The bearish 'Bart Simpson' pattern is back as bitcoin and XRP prices pull back

Analysts discuss the cartoon-themed price action as prices for major cryptocurrencies wilt.

Bitcoin's "Bart Simpson" pattern. (CoinDesk)

Markets

Ether is crushing bitcoin and the 'golden cross' says it may not be done yet

The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.

ETHBTC's golden cross. (TradingView)

Markets

Bitcoin nears key technical breakout that could propel prices to $76,000

Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.

BTC's inverse head and shoulders pattern. (TradingView)

Markets

The worst chart for bitcoin bulls right now

For 14 years, one ratio moved only in bitcoin's favor. Now it has decisively turned the other way and bulls may not like what it means.

The S&P 500-to-bitcoin ratio. (TradingView)

Markets

Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average

Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.

Saylor's Strategy tracks BTC's 200-week average. (Strategy)