Technical Analysis
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said.
Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K
Bitcoin's price will need to remain above $37,000 over the weekend in order to signal the start of a recovery phase.
Bitcoin Capped Below $40K Resistance; Support at $35K
Buyers have consistently lost ground to sellers.
Bitcoin Turns Lower From Bearish Trendline, Support at $35.5K
Sellers look to regain control after bulls' failure to break through technical resistance.
Bitcoin Slides Below $38K, Support Is Above $35K
The pullback could continue into the trading day in Asia.
Bitcoin Rangebound Near Support; Resistance at $40K-$43K
Sideways trading between $35K-$40K could persist this week as long-term momentum fades.
Bitcoin Holding Support Above $37K; Resistance at $40K-$45K
BTC's January sell-off could attract short-term buyers.
Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger
Several Wall Street banks have penciled in five Fed rate hikes for 2022.
Bitcoin Holds Support Above $35K; Resistance Near $40K
BTC is stabilizing between $30K and $40K as oversold conditions remain intact.
Bitcoin Stuck Below $40K Resistance; Support at $33K
Upside remains limited given the intermediate-term downtrend.
