Aug- 2019 -20 August
Bitcoin has risen by $1,000 since Friday’s announcement by Bakkt exchange that it will be launching physically-settled bitcoin futures on Sept. 23. The price rise has neutralized the bearish setup on the intraday charts seen last week.
The gains could be extended further to $11,000, as the hourly chart is reporting a bullish continuation pattern.The weekly chart…Read More »
Bitcoin (BTC) has bounced from key price support, but the outlook remains bearish as long as prices hold below Thursday’s high of $10,445.
Bitcoin’s repeated defense of the 100-day moving average signals seller exhaustion, but a break above $10,445 – the high of…Read More »
Bitcoin’s short duration charts indicate the bears are in control and prices could drop below $11,000 in the next 24 hours.
Bitcoin (BTC) could drop below $11,000 in the next 24 hours, after sellers took victory in a four-day-long tug of…Read More »
Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market, which began from lows near $4,100 on April 1.
Bitcoin’s bull run from April lows near $4,100 seems to have stalled, with buyers repeatedly failing to keep gains above…Read More »
Bitcoin (BTC) is eyeing a move to key resistance above $12,000, having broken out of a bearish pattern in the Asian trading hours today.
Bitcoin looks set to test falling channel resistance at $12,030, having invalidated a bearish lower-highs pattern earlier today.The rise in…Read More »