2020-2-27 19:08 |
Bitcoin needs to preserve its 200-day moving average support to stay bullish
origin »2020-2-27 19:08 |
Bitcoin needs to preserve its 200-day moving average support to stay bullish
origin »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.”
2024-5-7 07:21 | |
Bitcoin trades at above $19,000 in a bear market and support area 200-day moving… The post Key breakout to accelerate Bitcoin weakness as price slips below 200-day MA appeared first on CoinJournal.
2022-7-2 22:57 | |
Despite the traditional stock market view on 200-day moving averages, a dip below it could mean a sale event for Bitcoin.
2021-12-30 00:15 | |
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 | |
The bulls shouldn't be worried as long as the Bitcoin (BTC) price stays above its 200-day moving average, according to Ivan on Tech
2020-2-26 20:32 | |
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 (BTC) just added another huge factor to the bullish case, as a golden cross of the 50-day and 200-day moving average appears on the daily chart. Bitcoin 50-Day MA Crossed Over, Sparking Expectations of Big Rally Bitcoin prices managed to bounce quickly from a dip close to the $9,500 level.
2020-2-18 17:00 | |
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 | |
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 | |
Bitcoin is eyeing its best January performance in seven years after crossing the all-important 200-day average hurdle overnight.
2020-1-30 14:30 | |
The Bitcoin price increased significantly on Jan 27 after reaching a 2020 high of $9,169. It moved above its 200-day moving average (MA) and looks ready to move towards the $9,600 target. Bitcoin Price Highlights The Bitcoin price is following a curved ascending support line.
2020-1-28 12:30 | |
Bitcoin is back above $9,000 and several technical indicators estimate that it could soon enter a parabolic move. A Bull Rally Is on the Horizon Following the recent price rejection off the 200-day moving average on Jan.
2020-1-29 12:14 | |
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 | |
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 | |
The Bitcoin dominance rate reached a high of 70. 86% on January 8. It has been decreasing since. Highlights The Bitcoin dominance rate broke down below an ascending support line. The 100- and 200-day moving averages (MA) have made a bearish cross.
2020-1-22 05:18 | |
Last week’s explosion in growth across Bitcoin and the altcoin market caused the total cryptocurrency market cap to all break above the 200-day moving average – an important level that smart money often trades based on.
2020-1-22 22:00 | |
Bitcoin Price Highlights The Bitcoin price is trading inside of an ascending wedge. It created a bearish engulfing candlestick on January 19. The price is not reacting to its long-term pattern. The 200-day moving average (MA) is offering strong resistance to the price.
2020-1-20 13:08 | |
Bitcoin was finally back above the 200-day MA and had successfully breached the $9,000 level, with quite a few "Vegeta memes" on the way. However, BTC's lifespan above the $9,000 mark and the 200 DMA The post Bitcoin's 6.
2020-1-19 15:01 | |
Tuesday's sharp rise looks to have put bitcoin on path toward the 200-day average at $9,100.
2020-1-16 14:13 | |
Bitcoin fulfills predictions with a break from upside after hitting the 200-day moving average near $8,700
2020-1-16 13:33 | |
Bitcoin Price Highlights The Bitcoin price has broken out above a descending resistance line. It is trading between the 100 and 200-day moving averages (MA). The price is nearing the resistance line of the long-term descending channel.
2020-1-14 12:10 | |
Coinspeaker Bitcoin Prices Rise Again Above $7,000Bitcoin prices rise again above the psychological support level of $7,000 breaking the 200-day moving average for the first time since May.Bitcoin Prices Rise Again Above $7,000
2019-12-19 14:56 | |
As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price […] The post Key indicator shows its good time to accumulate as Bitcoin price touches $7800 appeared first on CryptoSlate.
2019-11-29 17:57 | |
The Bitcoin price is trading near the end of a descending wedge. Due to the strong bullish divergence and a confluence of support, it has likely begun an upward move which will eventually lead to a breakout.
2019-11-16 17:48 | |
The leading crypto asset by market cap, Bitcoin, has had a confusing year thus far. The cryptocurrency started the year at extreme lows but later exploded back up 350% to $14,000, before falling nearly 50% down to $7,300.
2019-11-14 21:00 | |
Bitcoin has fallen below $9,000 for the first time in two weeks after breaching its 200-day moving average, which had been seen as a price support by some traders using technical analysis.
2019-11-9 23:30 | |
The Bitcoin price is trading inside a horizontal channel and an ascending triangle. According to our analysis, it is likely to break out from the triangle and reach the resistance line of the channel at $9,800.
2019-11-6 20:28 | |
Since topping at $10,500 last week, Bitcoin (BTC) has been in a relative state of calm, trading within a tight range between $9,000 and $9,500. Despite this consolidation above the 200-day moving average, which many analysts would call more bullish than bearish, some fear that the crypto market’s charts are flashing warning signs.
2019-11-2 07:30 | |
The widely tracked 200-day average continues to restrict losses in bitcoin and may catapult prices to $9,600.
2019-11-1 14:00 | |
Bitcoin is trading inside a descending wedge. It has been trading without significant volatility for the past three weeks. In a long-term view, we believe we are approaching the bottom. We do not believe the price will break down from this descending wedge.
2019-10-22 15:42 | |
Bitcoin price has spent another day trading within its range-bound channel at around $8,200. The sideways action has been going on for almost a month now and technical indicators are starting to align with a signal for the next big move.
2019-10-22 10:00 | |
Bitcoin, coincidentally, faced a dreadful drop of 20% after the launch of Bakkt, with Bitcoin falling to as low as $7,714 on Bitstamp exchange. The repercussions of this drop caused it to go below the 200-day moving average, a development which is considered a bearish signal.
2019-10-14 17:00 | |
Bitcoin’s breakout after Bakkt announcement was brutal, the price dipped below the 200-day moving average and is still under it. The recent pump toward the end of October first week flipped the odds and now sides with the bulls.
2019-10-12 20:00 | |
After rejection from the $8,800 level, Bitcoin has once again fallen below the 200-day moving average, possibly indicating bearish days ahead
2019-10-13 03:33 | |
Moving averages (MA) are often very significant in determining future price movements. The price of an asset, like Bitcoin, often reacts to its MAs — either using them for support or resistance. The higher the number of times an asset reacts to an MA, the higher its significance — thus, the more likely it is […] The post For the Bitcoin Price to Reach $9200, the 200-Day Moving Average Must Be Breached appeared first on BeInCrypto.
2019-10-10 17:29 | |
Since the start of the week, Bitcoin price has rallied from a retest of lows around $7,700 to $8,700 – gaining over $1,000 in value during the short timeframe. The rise in Bitcoin price was also yet another retest of the asset’s 200-day moving average, and what happens from here could determine the trend ahead.
2019-10-10 01:00 | |
Technicals suggest a nascent bear market with price now below both the 200-day moving average and daily Cloud. Any price action below US$10,000 will likely be sold off heavily in the near-term.
2019-10-10 14:01 | |
Moving averages (MA) can be immensely important in determining significant support and resistance levels. The relationship between price and its MAs can successfully identify the direction of a trend as well.
2019-10-3 19:20 | |
Bitcoin has recovered from the $7000 levels and is now, slowly trying to climb back up. However, it looks like there isn’t enough bullish momentum to get it going. At press time, Bitcoin was priced at $8,232 with a market cap of $148 billion.
2019-10-2 16:45 | |
Last week, following disappointment surrounding the much anticipated Bakkt launch, Bitcoin price smashed below $10,000 and plummeted over 20% to under $8,000 before it found support in the high $7,000 range.
2019-10-2 21:00 | |
Bitcoin’s rally to $20,000 was a memorable one. However, the ride down to $3,122 was a rather grueling task for its investors. Perhaps, the best and the most unexpected rally was the April 2019 rally that pushed the price of Bitcoin in a fashion similar to the rally leading up the $20,000.
2019-10-1 17:00 | |
In a sequence of two tweets, professional trader and financial consultant @captainscio used the long-term view of Bitcoin in order to allude that this downtrend could go on for an extended period of time.
2019-9-30 18:04 | |
The momentum behind Bitcoin price turned from bullish to bearish this week, when the crypto asset fell through the bottom of a triangle it had been trading inside, plummeting over 20% in value. The force of the drop took Bitcoin price down far enough where it tested the 200-day moving average as support – a.
2019-9-28 21:00 | |
In the past seven days, the bitcoin price (BTC) plunged from $10,100 to $7,736 in a steep overnight pullback that liquidated close to $800 million worth of long contracts on cryptocurrency margin trading platforms.
2019-9-27 10:35 | |
Bitcoin price is currently below $8,000 just days after breaking down from a multi-month triangle pattern where it was consolidating. With Bitcoin now trading below $8,000, where could the leading crypto asset by market cap go next for targets? Bitcoin Price Trades Below $8,000, Breaking Through 200-Day Moving Average Bitcoin price is currently free-falling, trying.
2019-9-26 19:13 | |
Still bearish overall, bitcoin is defending the 200-day moving average support and may see a minor bounce to $8,700.
2019-9-26 14:06 | |
Volatility is back in crypto markets, that’s for sure. Ethereum (ETH) has rallied by 10% over the past number of hours, managing to somehow overcome a massive flash crash that ailed Bitcoin last night.
2019-9-20 20:32 | |
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 Analyst/Economist, Willy Woo, is known for his stellar work on signaling models and tools to aid investment decisions. Well, now he has unleashed a new metric, the Bitcoin Difficulty Ribbon.
2019-8-2 13:00 | |