Bitcoin ‘as strong as ever’ with record high 200-day moving average

Bitcoin ‘as strong as ever’ with record high 200-day moving average
фото показано с : cointelegraph.com

2024-5-7 07:21

The long-term Bitcoin trend indicators — the 200-day and 200-week moving averages — are at the highest-ever levels, with Anthony Pompliano saying that BTC is “as strong as ever.” origin »

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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […]

2020-4-28 21:00


This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge

Over the past few days, all anyone could talk about on Crypto Twitter was the golden cross that had formed on Bitcoin’s one-day chart. For those unaware, a traditional golden cross in technical analysis is when an asset’s 50-day simple moving average crosses above its 200-day moving average, suggesting that a decisive bull trend is […] The post This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge appeared first on CryptoSlate.

2020-2-20 12:00


Bitcoin Back in a Bull Market, Trend Says Price Would Jump Above $17,500: Tom Lee

After becoming the best performing and the hottest asset of the decade, Bitcoin is up over 26% YTD and staying above $9,000 level. The world’s leading cryptocurrency is currently trading above its 200-day moving average which according to Bitcoin bull Tom Lee, the founder of independent research and advisory firm Fundstrat is a significant signal […]

2020-2-5 16:47


Top Analyst Who Called Bitcoin’s Rally to $9,500 Warns a “Hard Dump” May Happen

If you told investors in mid-January that Bitcoin would soon surmount $9,000, they might’ve thought you were crazy. At the time, the cryptocurrency had just been rejected multiple times from key resistances in the high-$8,000s — namely the ever-so-important 200-day moving average (seen as a “make or break” level) and the horizontal right around $9,000... The post appeared first on NewsBTC.

2020-2-5 14:00


Money Is At Risk In Banks, Bitcoin Is Probably The Most Secure Currency Right Now: Tim Draper

Bitcoin price has come down to $8,300 level from last week’s $9,200 level. Despite bouncing off the support yesterday, it was unable to reclaim the level and made its way back toward support. We have come to some serious resistance at the 200-day moving average, a line that Mati Greenspan, founder of Quantum Economics says […]

2020-1-26 19:20


Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. This technical formation – which is accurately described by analysts as a “death cross” – comes about after an asset’s 50-day moving average crosses beneath its 200-day […] The post Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action appeared first on CryptoSlate.

2020-1-24 22:19


Bitcoin Cash Price Analysis BCH / USD: Rallying Cry

Bitcoin Cash has a bullish short-term bias, with the BCH / USD pair recovering above its 200-period moving average on the four-hour time frame The four-hour time frame shows the presence of a bullish ascending triangle pattern The daily time frame highlights that the BCH / USD pair is still trading above its key 200-day […] The post Bitcoin Cash Price Analysis BCH / USD: Rallying Cry appeared first on Crypto Briefing.

2019-8-12 16:19


Bitcoin breaching its 200-day MA was the ‘trigger’ that precipitated recent bull run, claims Fundstrat’s Thomas Lee

Bitcoin [BTC], now reinvigorated and recharged, once again affirmed its position as the king of the cryptocurrency market by climbing out of the price swap and into the bullish heaven of $9,000. After days of sluggish movement, the bullish swing towards the end of the previous week not only broke the ceiling, but several ceilings […] The post Bitcoin breaching its 200-day MA was the ‘trigger’ that precipitated recent bull run, claims Fundstrat’s Thomas Lee appeared first on AMBCrypto.

2019-6-17 09:56


Bitcoin Gold Price Analysis BTG / USD: Oncoming Debasement

Bitcoin Gold has a bullish short-term bias, with the BTG / USD pair trading above the 200-period moving average The BTG / USD pair is bullish over the medium-term and continues to trade well above its 200-day moving average Technical indicators are becoming overstretched, showing room to trade lower Bitcoin Gold / USD Short-term price […] The post Bitcoin Gold Price Analysis BTG / USD: Oncoming Debasement appeared first on Crypto Briefing.

2019-5-21 17:58


BCH / USD Price Analysis: Staging Recovery

BCH has a neutral short-term trading bias, with the BCH / USD pair testing towards its 200-period moving average on the four-hour time frame Bullish MACD divergence has now been reversed on the four-hour time frame BCH continues to hold price above its 200-day moving average Bitcoin Cash / USD Short-term price analysis BCH has […] The post BCH / USD Price Analysis: Staging Recovery appeared first on Crypto Briefing.

2019-5-2 17:16


Survey Says Sell? Just 43% Believe ‘Golden Cross’ is Bullish for Bitcoin Price

By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a Twitter survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants believe that the signal, which typically hints at a bull run ahead, is a trap and that it is time to unload some Bitcoin.

2019-4-26 18:37