Friday, September 20, 2019

Bitcoin Price Analysis: $9,400 Key Support Holds For Now

Bitcoin’s volatility has drastically decreased over the last few weeks as price action unfolds close to key support at $9,400. This key support line...

Bitcoin Price Analysis: Bullish Divergence Forms At $10K, is $11K Next?

Bitcoin breaks 5-day long up-trend, dropping back to key support levels at $9,800. Since then bullish divergence appears to have formed on lower time-frames and…

Bitcoin Price Analysis: BTC Rally Set For $12,000 Next Week

Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen…

Bitcoin Price Analysis: Rising Wedge Could Drive BTC to $8.8K

Bitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards…

Bitcoin Price Analysis: Bears Shake Bullish Market Sentiment

Bitcoin Price levels have dropped $2,000 within the last 48 hours as bears begin to shake the current bullish market sentiment. Continuation of the pull-back…

Bitcoin Price Analysis: BTC Looks To Break $11,000 Support

A recent break-down out of the asymmetrical triangle mentioned in my previous BTC analysis looks poised to continue down to support levels below $11,000. Bitcoin…

Bitcoin Price Analysis: $12.4K in Sight as Bullish Pennant Forms

Bitcoin sentiment is still very much bullish as price levels increase $2,000 since the beginning of August. On the charts we can now see a…

Bitcoin Price Analysis: BTC Fails To Surpass $12,400 Resistance

Bulls have been well in control of price action over the last few days as price levels rise 18% since the breakout mentioned in my…

Bitcoin Price Analysis: BTC FOMO Could Surpass $12.4K This Week

In my previous analysis, we looked at the strength of the new Bitcoin uptrend as price levels traded just below $11,000 resistance. Since then, bulls…

Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000

In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards…
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