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Bitcoins price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark. […]
Bitcoins price is currently at a critical level, and its reaction will likely determine the mid-term trend of the entire crypto market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been rallying since it rebounded from the $52K support level and has broken both the $56K and […]
Bitcoin reached a new all-time high of $73,880 earlier in 2024, but toppling it by 2025 does not take it above 2021s inflation-adjusted value.
Bitcoins price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome. Technical Analysis By: Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, Bitcoins price is demonstrating a willingness to finally break above the […]
Bitcoin and SPX share a high correlation index as the US stock approaches a new all-time high a day before the Fed cuts interest rates.
Bitcoins price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the […]
Bitcoin has recently experienced a strong bullish reversal from a critical support zone, defined by the 0.5 and 0.618 Fibonacci levels. BTC is now approaching the 100-day moving average at $61.6K, where it may encounter significant selling pressure, suggesting a potential short-term consolidation. Technical Analysis By Shayan The Daily Chart A closer examination of Bitcoins […]
Bitcoins price has been showing a willingness to drop lower. However, market fundamentals point to something different. BTC is down by nearly 10% in the past week, currently struggling to remain above $58,000. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been consolidating around the $60K level, following a […]
Ethereums underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs.
Bitcoins price experienced a significant drop yesterday following the breakdown of the $64K support level. The price is now in a key area that could determine the crypto market’s mid-term fate. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been dropping since creating a double top pattern at the […]
Bitcoins price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if it’s unable to overcome $60,000 soon. Recall that the largest digital asset slumped hard on Tuesday, dropping from over $63,000 to $58,000, before recovering slightly […]
Bitcoins price has been holding strong around the $60K level following the significant crash a few weeks ago. Investors are now optimistic that the market will soon rally to new all-time highs. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating during the last couple of weeks after […]
XRP price is mirroring a 2021 bullish chart fractal that preceded a 500% rebound.
Bitcoins price has yet to recover following the crash from $68K a couple of weeks ago. The cryptocurrency has been consolidating in a tight range, leaving market participants wondering about its future direction. BTC Price Technical Analysis By TradingRage The Daily Chart The daily chart shows that the BTC price has failed to climb back […]
Bitcoins price is consolidating in a tight range as market participants are uncertain about the future direction of the price. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $50K area, following the significant drop below the 200-day moving average. Currently, the market is consolidating below […]
Following a significant downtrend, Bitcoin found strong support near the $50K threshold and experienced a notable rebound. However, the price has now approached a substantial resistance region around the 200-day moving average at $61K, potentially completing a pullback. Technical Analysis By Shayan The Daily Chart A detailed examination of Bitcoin’s daily chart reveals a significant […]
Bitcoins recent price action has spread fear over the whole crypto market, as participants are worried that the bull market might be over. Yet, things can change very quickly in the crypto space, and there is still a probability of recovery. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has […]
Bitcoins price decline continues as the market has lost several key support zones. While many investors are worried about a deep crash, there is also the possibility for this drop to be a bear trap. Technical Analysis By TradingRage The Daily Chart The daily chart shows that the price has lost the $60K support level […]
Following an impulsive rally, Bitcoin lost its bullish momentum upon reaching the $70K threshold, indicating the presence of sellers in the market. Nevertheless, considering that the price is hovering above the crucial 100-day MA, the continuation of the consolidation stage seems possible in the short term before initiating the next move. Technical Analysis By Shayan […]
Bitcoins price has been rallying aggressively in the past couple of weeks, making its way toward a new record high. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the BTC price has been climbing higher since rebounding from the $56K support level and the 200-day moving average. The market has reclaimed both […]
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