Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging After the rejection of price at $9,200, the downward move was extended to a low of $8,250. Analysts were of the opinion that Bitcoin will bounce if price falls and tests the low of $8,250. From every […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Interestingly, it has been a week, the bulls and bears have been engaged in a price tussle between $8,250 and $9,000. The price has been ranging above $8,300 and $8,400 most of the time. It is presumed […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since January 14, Bitcoin has been in a period of price consolidation. The coin has been fluctuating between $8,250 and $9,000. Today, BTC reaches the low of $8,250 and it is bouncing upward. In the previous week, […]
• After three days of consolidation, Bitcoin finally dropped under $8500 support. • Bitcoin now targets $8100 but need to breach the current holding support. Leaving 8500 support yesterday, Bitcoin has now created new support around $8300 that was mentioned in our previous crypto trading signals. Today, Bitcoin has retested this support but was slightly […]
• Bitcoin reached key support but awaiting the next wave. • The price could bounce back if the $8500 level holds. Since our previous crypto trading signals, Bitcoin’s price has moved to the downside, touching the $8500 support at the time of writing. This support has jolted price since the last sharp correction. If Bitcoin […]
• Bitcoin regains momentum back to $8800 resistance. • The leading cryptocurrency continues to rely on the $8500 support After trading around $8600 for a few days, yesterday, Bitcoin’s price increased by 3% to reach $8800 level. This level is currently suppressing the bullish pressure. If a break occurs, we should see a further gain. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is in a stalemate as the bulls failed to break above $9,200 resistance level on January 19. For the coin to avoid a breakdown, Bitcoin has to stay above $9,200 or $10,000 price level. Previous price […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On January 19, the bulls tested the $9,200 resistance level and were resisted. The coin fell to a low of $8,400. The bulls could not sustain hold above the higher price level. Later it pulled back to […]
Bitcoin is currently exchanged for $ 8,631. Buyers are making every effort to ensure that the price does not exceed $ 8,600 below. Adding to selling pressure on $ 8,700 leads to resistance around the moving averages of 5 and 13. A break above $ 8,700 may take longer than expected, but when this happens, […]
