Technical Analysis

Technical Analysis

Markten

Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?

Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.

Bitcoin miners (Shutterstock)

Markten

XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets

Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory

CoinDesk Market Indices weekly performance. (CoinDesk Indices)

Markten

Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance

As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned

(Getty Images)

Markten

Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K

While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm

Bitcoin 07/12/23 (CoinDesk Indices)

Markten

Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI

Crypto traders anticipate a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.

(AhmadArdity/Pixabay)

Markten

Bitcoin Quiets Down in July After a Tumultuous First Half of 2023

While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.

Bitcoin's price has been in the doldrums. (Pixabay)

Markten

FOMC Minutes Show Uncertainty, Cautious Optimism. Large Bitcoin Investors Are Taking Divergent Paths

The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.

(Tom Parsons/Unsplash)

Markten

Bitcoin Remains Range-Bound, Despite Bullish Sentiment

Bitcoin prices have paused with support at $30,000

(Getty)

Markten

Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis

A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.

Bitcoin may be forming a "bull flag" (CoinDesk/Highcharts.com)

Markten

Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns

Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.

Bitcoin and other major cryptocurrencies have been riding along relatively flat terrain.  (Marianna Lutkova/Unsplash)