Tag: BTC/USD

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Bitcoin Price Analysis: BTC/USD Another Key Support Breakdown

Bitcoin is resuming its slide after consolidating close to the top of the descending channel on the 1-hour time frame. Price broke below a...

Bitcoin Price Analysis: BTC/USD Bears Regaining the Upper Hand?

Bitcoin has broken below its symmetrical triangle consolidation pattern to signal that further losses are likely. In addition, the price is trading inside a...

Bitcoin Price Analysis: BTC/USD Another Day, Another Breakdown

Bitcoin previously consolidated inside a symmetrical triangle to pause from its selloff, but it looks like bears are still in control. Price broke below...

Bitcoin Price Analysis: BTC/USD Wait for a Triangle Break

Bitcoin has formed lower highs and higher lows to consolidate inside a symmetrical triangle formation. Price is bouncing off the top of the triangle...

Bitcoin Price Analysis: BTC/USD Bottoming Out But Still a Long Way To Go

Bitcoin continues to gain traction on its bounce as it starts to form an ascending channel on its short-term time frames. Price is testing...

Bitcoin Price Analysis: BTC/USD More Bullish Confirmation

Bitcoin broke to the upside of its short-term descending channel to signal that a reversal is underway. However, resistance at $4,450 appears to be...

Bitcoin Price Analysis: BTC/USD Early Bullish Signals

Bitcoin managed to bust through the top of its descending channel on the 1-hour chart to signal that a reversal from the earlier slide...

Bitcoin Price Analysis: BTC/USD Aiming for Channel Support Again?

Bitcoin bounced off the area of interest highlighted in the previous article, confirming that selling pressure is still in play. Price might be moving...

Bitcoin Price Analysis: BTC/USD Bearish Pullback Going On

Bitcoin has formed lower highs to trend below a descending trend line on its 1-hour chart. Price is currently testing this resistance level and...

Bitcoin Price Analysis: BTC/USD Bounce Back to $5,000?

Bitcoin is trending lower and is creating a descending trend line with its lower lows since last week. Price looks prime for another test...

Bitcoin Price Analysis: BTC/USD Aiming for $2,000?

Bitcoin is gaining bearish momentum since its downside break from a falling wedge pattern. Price appears to be forming a descending channel on its...

Bitcoin Price Analysis: BTC/USD Some Support at These Levels?

Bitcoin appears to have broken down from its falling wedge consolidation to signal that a steeper drop is underway. However, there are still a...