Bitcoin (BTC) Price Watch – Ascending Channel Below Major Support

Bitcoin (BTC) Price Watch – Ascending Channel Below Major Support   Bitcoin Price Key Highlights   Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. Technical indicators […]

Bitcoin (BTC) Price Analysis – Next Potential Ceilings

Bitcoin (BTC) Price Analysis – Next Potential Ceilings Bitcoin previously broke below a symmetrical triangle and might be due for a retest.     BITCOIN PRICE ANALYSIS   Bitcoin was moving south since breaking below the bottom of a long-term symmetrical triangle. Price has been climbing recently and might be due for a pullback to […]

Bitcoin (BTC) Price Watch – Another Bullish Continuation Signal

Bitcoin (BTC) Price Watch – Another Bullish Continuation Signal Bitcoin Price Key Highlights   Bitcoin price has broken above the double bottom neckline and bullish flag to signal upside momentum. Price is forming another bullish flag pattern, which might signal a continuation of the climb. Technical indicators, however, are showing mixed signals for now. Bitcoin […]

Bitcoin and a new Quarter – More of the Same

Bitcoin and a new Quarter – More of the Same? Following a solid couple of days to limit the losses for the 2nd quarter, it’s back in the red for Bitcoin at the start of the 3rd, with uncertainty continuing to pin back any meaningful rally. Bitcoin gained 2.95% on Saturday, following Friday’s 6.12% rally, […]

Bitcoin falls below $5 900 to wrap up a gloomy 2018 first half.

Bitcoin falls below $5 900 to wrap up a gloomy 2018 first half. Demand for the cryptocurrency has waned amid security and regulatory concerns. Bitcoin sank further below $6 000 on Friday, heading for a second straight month of declines at around 20%, as demand for the largest cryptocurrency continues to suffer from security and […]

Bitcoin (BTC) Price Watch- Potential Reversal Formation?

Bitcoin (BTC) Price Watch- Potential Reversal Formation? Bitcoin Price Key Highlights   Bitcoin price could be forming a short-term inverse head and shoulders pattern. Price has been moving sideways for the past few days as bulls try to keep it afloat. Technical indicators, however, seem to be favoring further declines in bitcoin price. Bitcoin price […]