Technical Analysis


Markets

Bitcoin Rallies From Support, Resistance Around $60K

But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.

Four-hour BTC chart

Markets

Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks

Volatility is a measure of risk, and that's often measured in relation to returns. By that measure bitcoin is a beast so far this year.

Penny on its side resting on a stock fluctuation chart

Markets

Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor

BTC held support around $50K and is approaching resistance around $56K.

BTC hourly chart

Markets

Bitcoin Stabilizes After Sell-off, Resistance Seen Around $56K

For now, bitcoin continues to hold long-term trend support above $50,000, with lower support around $42,000.

BTC four-hour chart

Markets

Bitcoin Holds Support, Approaching Resistance Around $60K

The daily relative strength index (RSI) is back in neutral territory after reaching overbought levels earlier this month.

BTC Daily Chart

Markets

Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K

Bitcoin's uptrend continues to slow after breaking short-term support.

Four-hour BTC chart shows a break of uptrend support with lower support levels.

Markets

Veteran Analyst Peter Brandt Expects Bitcoin to Reach $200K

Based on an analysis of price chart patterns, bitcoin is about halfway through its current bull market, which began around the March 2020 low.

Weekly chart shows BTC parabolic rises along ascending channel.

Markets

Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High

BTC is moving sideways as its short-term uptrend slows.

BTC Four-Hour Chart

Markets

Bitcoin Price Chart Shows Bull Fatigue as Analyst Sees 'Rising Wedge'

Bitcoin looks to have charted a rising wedge pattern, a sign of uptrend fatigue.

Patrick Heusser sees a "rising wedge" in bitcoin's 4-hour price chart.

Markets

Bitcoin Maintains Trend Support at $56K, All-Time High Within Reach Around $61K

The month-long uptrend from $43,000 remains intact, although longer-term signals are weakening.

BTC 4-hour chart