bitcoin technical analysis

Analyzing Bitcoin’s Technical Performance: BTC’s Quiet Beginning of the Week Amid US Market Shutdowns

Benito CormiJan 15, 20242 min read

Bitcoin’s Upward Trend Bitcoin has been showing an upward trend on its daily chart since late November, with increasing peaks and troughs. Periodic retracements and strong…

Bitcoin Price Slumps 7% to $43,200 Following Spot ETF Woes

Newt BettecJan 12, 20242 min read

The Introduction of Bitcoin ETFs Triggers Sell-Off, Causing Price Decline The recent introduction of Bitcoin exchange-traded funds (ETFs) has led to a significant sell-off, resulting in…

Consolidation Phase Strengthens as Upper Resistance Shows Signs in BTC: Technical Analysis

Benito CormiJan 12, 20243 min read

Bitcoin Remains Stable within a Limited Price Range The leading cryptocurrency, bitcoin, has maintained a relatively stable price range after experiencing a surge to the $49K…

Breaking News: Bitcoin Price Surges Beyond $47,000, Optimistic Sentiment Grows Ahead of ETF Approval

Newt BettecJan 8, 20243 min read

The Excitement of Bitcoin ETF Approval With the Bitcoin price soaring to new highs, the cryptocurrency community is excitedly buzzing as all signs point towards an…

Analyzing Bitcoin Technically: Traders Prepare for Possible ETF Endorsement

Benito CormiJan 8, 20243 min read

The Anticipated Verdict Traders and investors are eagerly awaiting the decision of the U.S. Securities and Exchange Commission (SEC) regarding a spot bitcoin exchange-traded fund (ETF).…

BTC Consolidates Amid Uncertainty Linked to ETF Decision: A Technical Analysis

Benito CormiJan 5, 20244 min read

The Volatility of Bitcoin As the decision for the spot bitcoin exchange-traded fund (ETF) looms near, bitcoin’s price fluctuations embody its mercurial nature, swaying between optimistic…

Analyzing Bitcoin Price: $57,000 Target Indicated by Ascending Parallel Channel Pattern

Newt BettecJan 4, 20243 min read

Bitcoin Price Shows Recovery Ahead of SEC Decision The Bitcoin price has seen a 2.7% recovery in the past 24 hours as anticipation grows around the…

Market Mayhem Dampens BTC 15th Anniversary Celebrations: A Bitcoin Technical Analysis

Benito CormiJan 3, 20244 min read

Bitcoin Faces Challenging Market as Price Dips Amidst ETF Rumors The price of bitcoin experienced a 6.7% decrease, falling between $42,350 and $42,619, coinciding with rumors…

Analysis of Bitcoin Technicals: Subtle Signals and Low Volume as BTC Enters 2024

Benito CormiJan 1, 20243 min read

Bitcoin Overview for Jan 1, 2024 On January 1, 2024, Bitcoin (BTC) had a trading range between $42,094 and $42,781 with a market capitalization of $834…

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