Category: Bitcoin

Bitcoin Price Builds for Surge, Bulls Eye Explosive Breakout

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Bitcoin price started a decent increase above the $68,000 zone. BTC is now showing positive signs and might gain further if it clears $69,250. Bitcoin gained pace for a move above the $67,500 and $68,000 levels. The price is trading above $68,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $69,250 and $69,500 levels. Bitcoin…

Bitcoin Price Recovery Slips, Sellers Tighten Grip on Market

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Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price…

Bitcoin Price Recovery at Risk, Sellers Prepare to Reassert Control

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Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,200. The price is trading above $67,000 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a base above $65,500…

Bitcoin Price Breaks Below $70K, Sellers Eye Further Downside

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Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $70,000 and $70,500 levels. Bitcoin Price Dips Further Bitcoin price…

Bitcoin Price Rangebound After Surge — Breakout Momentum Building?

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Bitcoin price started a strong increase and traded above the $75,500 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $75,000 zone. The price is trading above $73,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $72,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $75,000 and $76,000 levels. Bitcoin Price Starts Consolidation…

Bitcoin Price Consolidates Above Support, Bullish Bias Strengthens

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Bitcoin price started a decent increase above $68,500 but failed at $70,000. BTC is now consolidating and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $68,000 support. The price is trading above $68,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $67,000 and $66,550 levels. Bitcoin Price Corrects Lower From…

Bitcoin Price Sinks to New Weekly Low, Bulls Lose Key Support

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Bitcoin price failed to stay above $66,000 and dipped further. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,000 support. The price is trading below $65,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $66,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $63,500 and $63,200 levels. Bitcoin Price Breaks Key Support Bitcoin price…

Bitcoin Price Slips In Choppy Trade As Bears Tighten Grip

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Bitcoin price corrected gains and tested the $66,000 support. BTC is now consolidating losses and might decline further below the $65,500 zone. Bitcoin is struggling to recover losses and moving lower below $67,200. The price is trading below $67,200 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,000 and $65,500 levels. Bitcoin Price Dips Again Bitcoin price failed to…

Bitcoin Price Falls Further, Raising Stakes At The $70K Support

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Bitcoin price extended its decline below $73,500. BTC is now consolidating losses but faces many hurdles near $75,500. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $75,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $75,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $72,000 and $71,200 levels. Bitcoin Price Dips Further Bitcoin price failed to remain stable above the…

Bitcoin Price Backs Off Resistance — Breakdown Or Brief Pause?

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Bitcoin price started a recovery wave above $89,500 but failed above $90,000. BTC is declining and might dip further if it breaks $88,000. Bitcoin failed to remain above $90,000 and started another decline. The price is trading above $88,200 and the 100 hourly simple moving average. There is a rising channel forming with support at $88,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip further if it trades below the $88,000 and $87,500 levels. Bitcoin Price Faces Rejection Bitcoin price remained stable…