Technical Analysis
Bitcoin Drops Below $50K, Support Between $43K-$45K
Buying activity remains weak, which reduces the chance of a significant price increase into January.
Bitcoin Rangebound Above $46K Support, Resistance at $55K
Selling pressure could slow into the Asia trading day as indicators appear oversold.
Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’
A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.
Bitcoin Stabilizes Near $50K Support After Weekend Sell-Off
BTC is poised for a short-term bounce, although upside appears to be limited.
Bitcoin Drops Below $56K as Momentum Slows, Support at $53K
Buying has been weak despite short-term oversold signals.
Bitcoin Struggles Near Resistance; Support at $53K
Long-term momentum is starting to fade, which could limit price gains this month.
Bitcoin Rangebound Between $55K Support and $60K Resistance
The intermediate-term uptrend remains intact.
Bitcoin Declined Below $58K; Support Between $53K-$55K
The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.
Bitcoin Returns Above $58K as Momentum Improves
Buyers will need to clear $60K resistance to maintain an uptrend.
Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K
Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from July.
