Technical Analysis
Bitcoin Remains Rangebound; Faces Resistance at $40K
BTC is trading in a range with limited upside after a volatile month.
Bitcoin Rejected Near $38K After Two-Day Price Gain
Bitcoin's range play continues even as short-term price indicator turns bullish.
Bitcoin Remains in Corrective Phase Below $40K; Further Downside Expected
BTC is down about 37% month to date and has experienced a series of sharp drawdowns similar to 2017 which preceded a bear market.
Bitcoin Consolidates Around Short-Term Support; Faces Resistance Near $42K
BTC is down about 3% over the past seven days as the price recovery from $30,000 stalls.
Fairlead's Stockton Plans to Add Bitcoin Exposure Only After Key Indicator Turns Higher
The analyst who predicted bitcoin's price crash says technical studies have yet to confirm a bottom.
Bitcoin Rises from Oversold Levels; Faces Resistance Near $40K-$45K
BTC could see limited upside as the corrective phase weakens and buyers return.
Bitcoin Struggles at Resistance; Support at $35K
A decisive break above $40,000 is needed to resume the uptrend.
Bitcoin Holds Short-Term Support; Faces Resistance at $40K
BTC re-tested minor support around $30,000 over the weekend, but stronger support is seen around $27,000.
Bitcoin Stabilizes at Support; Faces Resistance at $45K
BTC held support around $30K and upside appears limited towards $45K with high volatility into the weekend.
Bitcoin Remains Under Pressure, Faces Resistance At $45K
Bitcoin sellers remain active as the broader uptrend weakens similar to 2017 and 2018.
