Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
• Bitcoin recently saw a mild recovery but failed to surpass $9000 • The short-term bearish correction remains valid while Bitcoin consolidates Over the past 24-hours, the entire crypto market saw a small recovery but now back on a bearish mode. Though Bitcoin has been quite stable at around $8800; following a sharp bounce from […]
• Bitcoin dropped to $8600 following a huge 11% loss in a day. • There’s major support at $8400 if Bitcoin further drops. Yesterday, Bitcoin saw another huge dump after trading witnessing a lot of bearish scenario over the past days. This selling has further led price $8600 today but BTC has recovered a bit […]
• Bitcoin dropped to key support area as buyers look for small gains • If Bitcoin fails to hold above $9000 level, the bearish sentiment would become stronger. In our previous crypto trading signals, we mentioned the next possible sell to the $9200-$9000 support area. As we can see now, Bitcoin is testing the […]
• Bitcoin loses 1.85% overnight and continues to plot more bearish • Following a wedge break-down, Bitcoin keeps selling in a descending channel. Over the last 24-hours, Bitcoin has dropped by 1.85%, bringing the current price to around $9535 at press time. The latest price drops could be traced to the bearish pressure in the […]
• Bitcoin continued to trade in an hourly channel as bears gain control. • Bearish actions might get worse if Bitcoin drops below $9500 The situation for Bitcoin now shows bearish signs than before considering the sudden rejection from $10000 to $9562 on Bitfinex a few hours ago. As a result of this, Bitcoin is […]
• Following recent recovery to $9750, Bitcoin still looks bearish on a short-term perspective • If Bitcoin drops below $9300, the next support is likely to hold at $9000 Since our previous crypto trading signals, Bitcoin saw a small increase to on the upside. This increase came after dropping heavily to $9300. Though Bitcoin witnessed […]
• Bitcoin’s price dropped sharply after losing 8% in an hour • If Bitcoin falls below the current price, $9000 would be on sight Once more, Bitcoin has shown a strong weakness over the last 24-hours trading, losing almost 8% of its value instantly to $9300 yesterday. This sudden price cut has returned sellers in […]
• Bitcoin trades above $10000 following a significant price movement • Buyers eye $10500 but Bitcoin is looking for near support for a rebound Yesterday, Bitcoin successfully close above the $10000 price level after seeing a moderate gain from $9450 low. Currently, Bitcoin is trading around $10100 with a $183.5 billion market cap. We can […]
• Bitcoin bounced back after holstering support around $9450 yesterday. • A significant bullish rally is expected if Bitcoin can reclaim monthly high Following a three days correction, Bitcoin saw a 7% drop to $9450 low yesterday after marking $10500 last week. Though Bitcoin has managed to recover back to where it’s now trading near […]
