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 finds support after losing 6% but deciding on the next move. • Despite that, Bitcoin remains bullish inside a channel on the daily chart Over the past weekend, Bitcoin saw a huge price movement to the downside after marking a 4-month high around $10500. The $10000 breakdown has led to a serious selling […]
• The $10000 support is a key important level for the next bullish rally. • If Bitcoin fails to rebound at this support, a slight bearish correction is likely for Bitcoin Since yesterday, Bitcoin’s bullish sentiment paused after facing resistance at $10450. This rejection has led to about 3% losses; bringing the current price to […]
• Bitcoin corrects downward after meeting tough resistance around $10450. • If Bitcoin fails to regain momentum at $10200-$10000 support area; a bearish correction could occur. Over the last 24-hours, Bitcoin’s price has remained under $10500 after seeing about 8% increases this week. The price increase made Bitcoin to mark a fresh yearly high at […]
• Bitcoin regain momentum at $9700 support after a strong bullish actions • The next short-term target for Bitcoin is $11000 After locating support around $9700, Bitcoin bounced back above the previous high of $10200 level. Not just that, Bitcoin has marked a new high around $10350 on Bitfinex today. The bulls are back again. […]
• Bitcoin’s major level for a rebound lies at $9600 support • If the buyers fail to regroup at this support, Bitcoin would be doomed for short-term bearish After facing rejection around $10200 yesterday, Bitcoin has further dropped to the $9700 area we mentioned in our previous crypto trading signals. This hourly support has seen […]
• If Bitcoin fails to reclaim $10000 price level, short-term bearish is likely to play out • Bitcoin flashes drop to $9700 after losing 6% from a 3-month high. A few hours ago, we saw Bitcoin losing about 6% after opening short around $10190 today. This sharp drop in price has led most correlating altcoins […]
• Bitcoin is stuck under $9800 but a continuation is likely if buyers push stronger. • The next mid-term targets for Bitcoin is $10400 resistance, $9200 may come as support. Bitcoin continued to show strength after claiming $9800 (Bitfinex) yesterday, though the market has since remained stable around this mentioned price. Bitcoin is gathering momentum […]
• Bitcoin is set to print a new monthly high after breaking out of a week consolidation cycle. • Following the recent break, Bitcoin now relies on $9600 for the next major rally. In our previous crypto trading signals, we mentioned the next potential move for Bitcoin after locating support around $9100 yesterday. Now, this […]
• Bitcoin remains under short-term bearish control but the bulls won’t give up • The sideways trend may resume if Bitcoin climbs well above $9200. After touching $9628 this week, Bitcoin saw a substantial price reduction with a slight break to around $9100 yesterday. This price area has provided a small rebound as Bitcoin climbs […]
