bitcoin technical analysis

Bitcoin spot ETF approval: An expert predicts it will be a significant event of buying both the rumor and the news

Fin BoldomDec 23, 20233 min read

The SEC’s Approval of a Spot Bitcoin ETF Seems Likely in 2024 The cryptocurrency community is optimistic about the SEC’s approval of a spot Bitcoin ETF,…

Analysis of Bitcoin’s Technicals: Market Equilibrium and Consolidation Evident in BTC Price

Benito CormiDec 22, 20233 min read

Bitcoin Maintains Stability Amidst Market Volatility Bitcoin’s price remains steady at $43,638 in a market filled with complex technical indicators. The cryptocurrency has experienced a slight…

Analyzing Bitcoin’s Technical Trends: Uptrend Pressures Testing Resistance Boundaries

Benito CormiDec 20, 20233 min read

Bitcoin’s Current Market Outlook The price of Bitcoin is currently at $43,094 and has been fluctuating between $42,235 and $43,176 within the past 24 hours. Despite…

Navigating Uncertain Waters: BTC’s Technical Analysis in a Volatile Market

Benito CormiDec 18, 20233 min read

Bitcoin’s Downtrend Bitcoin’s trajectory on the 4-hour chart shows a clear downtrend, with lower highs and lower lows. It experienced a significant drop from around $43,440…

Analysis of Bitcoin’s Consolidation Phase Indicates a Prudent Market Strategy

Benito CormiDec 15, 20234 min read

Bitcoin’s Price Dynamics: Bullish Trends and Fluctuations As of Dec. 15, 2023, bitcoin’s price dynamics present a compelling narrative, marked by a blend of bullish trends…

Bitcoin Price Surges Amid Favorable News: FASB’s Fair Value Recognition Sparks $42,000 Support Recovery

Newt BettecDec 13, 20232 min read

Bitcoin Price Dips, but Receives Boost from FASB Announcement The Bitcoin price recently experienced a decline of over 4% from its annual peak of $44,500, as…

Technical Analysis of Bitcoin Indicates a Consolidation Phase: Important Indicators Revealed

Benito CormiDec 13, 20234 min read

The Current State of Bitcoin The price of bitcoin as of December 13, 2023, is $41,197, displaying a dynamic interplay of various technical indicators. Over the…

Bitcoin’s $42,000 Support Faces Intense Pressure Amid Surge in Short Position Inflows

Newt BettecDec 11, 20234 min read

Bitcoin’s Price Decline Raises Concerns Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most…

Analyzing Bitcoin’s Technical Performance: Bearish Trends Regain Control over BTC’s Market Value

Benito CormiDec 11, 20233 min read

The Declining Valuation of Bitcoin On Monday, the valuation of bitcoin saw a 3.3% decline, dropping below the $42K mark. Currently priced at $42,224, bitcoin is…

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