Technical Analysis
Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K
Bitcoin's uptrend continues to slow after breaking short-term support.
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.
Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High
BTC is moving sideways as its short-term uptrend slows.
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.
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.
Bitcoin Tends to Weaken During Asian Trading, Especially After Bank of Japan Policy Shift
Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.
Bitcoin Rallies Towards $60K Resistance, Short-Term Support Seen at $56K
Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.
Bitcoin Stalls at $57K Resistance, Lower Support Around $53K
“Short-term momentum remains positive, but far less so than in February,” writes one analyst.
XRP Jumps as Bullish 'Golden Cross' Pattern Appears in Price Chart
It's often a bullish indicator when the the 50-week moving average crosses above the 100-week, but traders can get trapped on the wrong side of the market.
Bitcoin Holds Short-Term Support at $54K, Resistance Seen at $58K: Technical Analysis
Bitcoin is oversold and at trend support on intraday charts, but still faces heavy resistance around $58,000.
