Technical Analysis

Technical Analysis

Markets

Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why

Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning.

BTC storm could be looming, per Derive. (Myriams-Fotos/Pixabay)

Markets

Bitcoin price has limited downside, likely near bottom, contrarian indicator suggests

The bitcoin price's long-term moving averages are set to flash a bearish signal soon. That's good news for the bulls.

Side-by-side charts showing the current moving averages and the historical intersections.

Markets

Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high

Doctor Profit, a widely followed crypto analyst, says bitcoin is forming a “bear flag” pattern.

An analyst sits at his desk with multiple screens and annotated charts.

Markets

Bitcoin could crash to $48,000, if this historical pattern is triggered

A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.

(Jakub Żerdzicki/Unsplash)

Markets

There's one simple way to tell whether bitcoin has really bottomed. Right now, it hasn't.

Bitcoin's weekly RSI contains a critical level that has reliably separated bull and bear market regimes across multiple cycles. Right now, the indicator has yet to clear that line.

Magnifying glass. (Lucas23/Pixabay)

Markets

USDT's flashing a golden cross and that may be bad news for bitcoin

USDT's dominance rate has flashed a golden crossover in a sign of caution for the broader crypto market.

(Jakub Żerdzicki/Unsplash)

Markets

Every bitcoin bear market bottom since 2015 was called by a simple indicator. It still hasn't flashed

A bitcoin indicator based on key moving averages has accurately marked every bear market bottom since 2015. That signal hasn't fired yet.

Calculator on phone in front of charts (Jakub Żerdzicki/Unsplash/Modified by CoinDesk))

Markets

Bitcoin hits a wall – the chart just challenged the $88,000 bull case

The price action is sending a clear warning signal that analysts' optimism may be running ahead of itself.

Wall. (Utsman Media/Unsplash)

Markets

Bitcoin's momentum indicator is flashing a signal that should worry bulls

A key momentum indicator that has been accurate at calling price selloffs since October just triggered.

Bear. (geralt/Pixabay

Markets

Bitcoin’s price action looks dangerously similar to the pattern that sent it crashing to $60,000

The recent price action echoes the November–January pattern, showing weak conviction among the “buy the dip” crowd.

BTC risks deeper slide to $100K. (GoranH/Pixabay)