Technical Analysis

Technical Analysis

Markets

Bitcoin Rangebound With Support Near $57,900

BTC continues to consolidate, although selling pressure remains limited to rising support levels on intraday charts.

BTC hourly chart

Markets

Bitcoin Awaits Institutional Demand for Next Leg Higher, Oanda Says

Bitcoin's intraday rally follows a near 36% rise over the past month as traders look to institutional demand to fuel further upside.

bull, bear

Markets

Bitcoin Fails to Break $60K; Short-Term Support Near $56K

BTC will need to break above $60,000 to resume the uptrend.

BTC Hourly Chart

Markets

Bitcoin Steady at Resistance; Support Around $57K-$58K

Bitcoin traded in a tight range during Asian hours; resistance around $60K and support around $57K-$58K.

BTC Hourly Chart

Markets

'Bull Flag' Call for $70K Bitcoin Draws Skepticism From Rival Analysts

There's a debate raging among bitcoin technical analysts over whether the "bull flag" chart pattern even has a flagpole.

A "bull flag" or wishful thinking? Analysts are raising a yellow flag about the latest call for $70,000 bitcoin.

Markets

Bitcoin Stalls Near Resistance; Support Around $54K

BTC stalled just shy of $60K resistance during Asia hours. Support is around $54K.

BTC Four-Hour Chart

Markets

Bitcoin Uptrend Intact After Month-Long Consolidation; All-Time High Within Reach

Intraday overbought signals are not yet extreme, which should keep buyers active towards $60,000-$61,000.

BTC Daily Price Chart

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