Technical Analysis
Bitcoin Rises Above $37K; Resistance at $40K-$43K
A decisive break above $40K is needed to pause the downtrend from November.
Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt
Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.
Bitcoin-Ether Ratio Hits 3-Month High; Friday's Close Pivotal
The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.
Crypto Sell-Off Wipes $700B From Industry Market Cap So Far in 2022
The market value of all cryptocurrencies has plummeted to $1.6 trillion from $2.3 trillion at the start of the year, according to CoinGecko data.
Bitcoin Short-Term Bounce Faces Resistance at $40K
Extreme oversold readings preceded an uptick in BTC.
Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold
RSI can stay oversold longer than dip buyers can stay solvent.
Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'
The price appeared to stabilize around $35,000, but gallows humor filled social-media sites as more than $1.5 billion of tradition positions were liquidated.
Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby
A price drop to $37,000 could stabilize the current sell-off, although $30,000 is a more significant level to watch given the decline in long-term momentum.
Bitcoin Returns Above $43K; Resistance Near $45K-$48K
Oversold conditions are attracting short-term buyers.
Bitcoin mantiene su soporte por encima de $40K y enfrenta una resistencia de $43K-$45K
Los compradores podrían seguir activos durante la jornada asiática a medida que mejore el impulso.
