Bitcoin Price Analysis: BTC/USD Trends of February 18–24, 2019

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of February 18–24, 2019

Bitcoin price may have its high at $4,237 in case the demand level of $3,679 holds and the Bulls gained enough momentum. Also, the BTC price will find its low at $3,247 if there is a breakdown of the $3,679 price level.

Bitcoin Price Analysis: BTC/USD Trends of February 18–24, 2019

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising

CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising

Bitcoin is trading at $3,570 Thursday, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

Bitcoin Price & Technical Analysis: BTC Fails to Continue Rising

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of February 11–17, 2019

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of February 11–17, 2019

In case the demand level of $3,679 holds and the Bulls gained enough momentum, there will be a bullish rally towards the resistance levels of $4,237-$4,692. The breakdown of the $3,679 level will return the Bitcoin price to the previous low of $3,247.

Bitcoin Price Analysis: BTC/USD Trends of February 11–17, 2019

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of January 21–27, 2019

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of January 21–27, 2019

The strong bearish daily candle that broke down and closed below the $3,679 price level yesterday, followed by another bearish candle today implies that Bitcoin may find support at the previous low of $3,247.

Bitcoin Price Analysis: BTC/USD Trends of January 21–27, 2019

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of January 7–13, 2019

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of January 7–13, 2019

The bullish rally of the Bitcoin price is not certain until the coin breaks out at the resistance level of $4,249 and retests the level.

Bitcoin Price Analysis: BTC/USD Trends of January 7–13, 2019

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Losing Its Way

CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Losing Its Way

Bitcoin is somewhat losing its value on Thu Dec 27, trading at $3876.80, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

Bitcoin Price & Technical Analysis: BTC Losing Its Way

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Looking for New Lows

CoinSpeaker

Bitcoin Price & Technical Analysis: BTC Looking for New Lows

Bitcoin is again under pressure on Thursday, Dec 13, trading at $3,463, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

Bitcoin Price & Technical Analysis: BTC Looking for New Lows

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of December 10–16, 2018

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of December 10–16, 2018

A breakout below the support level of $3,094 will further decline in Bitcoin price towards $2,261 – $1,500 price level. Traders can remain flat as long the consolidation continues.

Bitcoin Price Analysis: BTC/USD Trends of December 10–16, 2018

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price Analysis: BTC/USD Could Tumble Further Below $3,000

Bitcoin price fell further and declined below the $3,620 support level against the US Dollar. BTC/USD settled below $3,400 and it seems like it could slide further below $3,000.
Important Points:

Bitcoin price traded further lower below the $3,705 and $3,620 support levels.
BTC/USD broke a major declining channel with support at $3,560 on the 2-hours chart.
BTC price remains in a major downtrend and it could tumble further below $3,000.

Bitcoin Price Analysis
After a failure to break the $3,860 resistance, bitcoin price started a fresh decline against the US Dollar. BTC/USD broke down and traded below the $3,705, $3,660 and $3,520 support levels.
The 2-hour chart indicates that the price declined heavily from the $3,908 swing high and declined below the key $3,620 support. It opened the doors for more losses and the price settled below the $3,400 level and the 100 simple moving average (2-hours).
btc/usd price analysis
Chart sourced by TradingView, Binance
During the decline, the price broke a major declining channel with support at $3,560 on the same chart. Sellers pushed the price towards the $3,300 level and a new yearly low was formed near $3,340. The price is currently consolidating above $3,300 with a bearish angle.
An initial resistance is near the $3,480 level and the 23.6% Fibonacci retracement level of the last decline from the $3,908 high to $3,344 low. If there are further gains, the price is likely to visit the $3,600 and $3,620 resistance levels.
The $3,620 level is crucial since it coincides with the 50% Fibonacci retracement level of the last decline from the $3,908 high to $3,344 low. The overall price action is very bearish below the $3,620 level and the $3,750 pivot level.
Therefore, there are high chances of more declines below the $3,344 low and the $3,300 support level. The next major support is near $3,000, below which the price may even tumble below the $2,880 level in the near term.

Overall, bitcoin buyers might continue to struggle as long as BTC is trading below the $3,620, $3,750 and $3,880 resistance levels.

The post Bitcoin Price Analysis: BTC/USD Could Tumble Further Below $3,000 appeared first on Coingape.
Source: CoinGape

Bitcoin Price Analysis: BTC/USD Trends of November 19–25, 2018

CoinSpeaker

Bitcoin Price Analysis: BTC/USD Trends of November 19–25, 2018

In case the bears were able to break down side the accumulation territory of $5,419 the Bitcoin price will have its low at $5,336. If the accumulation territory of $5,419 holds the bulls may take over the market.

Bitcoin Price Analysis: BTC/USD Trends of November 19–25, 2018

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Price & Technical Analysis: BTC under Harsh Pressure

CoinSpeaker

Bitcoin Price & Technical Analysis: BTC under Harsh Pressure

The major crypto continues falling on Thursday, trading at around $5,768, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

Bitcoin Price & Technical Analysis: BTC under Harsh Pressure

Continue reading at Coinspeaker
Source: CoinSpeaker