Bitcoin price $111K support retest 'in progress' as RSI points higher

Bitcoin put in a lower high while consolidating gains as favorable RSI signals combined with an expected Federal Reserve interest-rate cut.

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Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

Bitcoin returns to a tug-of-war over $30,000, with BTC price action costing its RSI weeks of upside.

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Bitcoin (BTC) Weekly RSI Shows Signals That Historically Preceded Bottoms

Bitcoin is in the process of breaking out from an important resistance area. This is a movement that's supported by both the weekly and daily RSI. The post Bitcoin (BTC) Weekly RSI Shows Signals That Historically Preceded Bottoms appeared first on BeInCrypto.

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Bitcoin RSI Breaks Out

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Bitcoin Daily Close Pivotal To Save Dangerous RSI Breakdown

Bitcoin price is at an inflection point, with nearly every technical indicator mixed due to the weeks of sideways price action. By most standards, technicals slightly lean bearish, but crypto investors are hopeful the secular bull market remains intact.

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Bitcoin's key momentum metric hints at bullish divergence as BTC clings to $33K

The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows.

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May Is Headed to be One of Bitcoin’s Worst Months, Bulls and Bears Fighting for Dominance

There is still very heightened fear in the market, but Bitcoin’s Relative Strength Index (RSI) shows some oversold condition. The crypto industry needs to see “heavy investor inflows” to break out higher and enter the bull mode.

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Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst

More proof that Bitcoin is far from the most vertical stage of its bull run comes from PlanB and the relative strength index.

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What Changed in Crypto Markets While You Were Sleeping — April 7

Bitcoin update BTC has been moving downwards since getting rejected by the $59,500 resistance area on April 6. The decrease has been gradual, but technical indicators are still bearish.   The MACD has crossed into negative territory and the RSI is at risk of falling below 50.

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What Changed in Crypto Markets While You Were Sleeping — April 5

Bitcoin (BTC) update After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week. Technical indicators are showing weakness. The MACD has created a lower momentum bar and the RSI is decreasing, nearly crossing below 70.

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Price analysis 3/15: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

Bitcoin’s rejection at its all-time high and a negative divergence on the RSI suggest that BTC's bullish momentum could be weakening and altcoins may see profit-booking as a result.

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Crypto Already Back on Track After Bitcoin Loses $10,000 over the Weekend

Over 20% correction finally came, however, nowhere near the 30% to 40% of 2017, following Bitcoin’s weekly RSI going to 94.7, higher than 2013’s top. The post Crypto Already Back on Track After Bitcoin Loses ,000 over the Weekend first appeared on BitcoinExchangeGuide.

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Don’t Sell Your Bitcoin and Ethereum on RSI Warnings: Analyst

A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can […]

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Analyst Expects Ethereum Correction as Key Indicator Peaks

Ethereum is down 7. 5% in the past 24 hours as Bitcoin has begun to fall from its weekend peak. The leading cryptocurrency is currently under $600 for the first time in many days. Analysts fear a further correction is possible as Ethereum’s Stochastic relative strength index (RSI) has formed a near-term peak.

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Bitcoin Bull Run Is Official According To Monthly RSI, More Bullish Than 2017

Bitcoin is now trading well above $20,000, and at this point will never again see under five-digits. And although the clean break of $20,000 was proof enough that a massive bull run was here, the Relative Strength Index has also breached into bull territory for the first time since 2018.

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Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt

Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018.

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Bitcoin’s weekly RSI suggests breakout above $12,000

A strong rally over the weekend pushed Bitcoin from $10,600 to highs of $11,498...

The post Bitcoin’s weekly RSI suggests breakout above $12,000 appeared first on Coin Journal.

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Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Excitement is building around Bitcoin's price as history appears to repeat itself and analysts recall the start of its run to $20,000 all-time highs.

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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […]

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Bitcoin RSI Reaches Full Power, Highest Overbought Conditions Since June 2019

The most recent push in Bitcoin price by bulls has resulted in the Relative Strength Index, or RSI, reaching full power. The commonly used trend-strength measuring tool hasn’t hit such overbought conditions since the June 2019 top.

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Bitcoin RSI Hits Highest Since June 2019 Top, May Signal Bull Market

The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull market is back in full force.

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BTC Miners Shrug Off Difficulty Drop But RSI Has Never Been this Weak Before the Halving

Since its sell-off in March, the price of bitcoin has been making a recovery. This positive movement has the miners’ profitability turning positive after being negative following the price crash. As such, the hash rate of the network has increased by 18% since hitting bottom in late March.

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Bitcoin’s RSI Has Never Been this Weak Before a Halving

Bitcoin’s Relative Strength Index is currently sitting at levels never before seen preceding its halving. It’s unclear yet whether this might be a positive or negative forecast of what to expect next month.

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Курс криптовалют на 04.03.2020 (Tezos приятно удивил)

Восстановление цен на криптовалюты с минимума прошлой недели, неуклонно растет, чтобы протестировать 9000 долларов. Bitcoin Согласно Индексу относительной силы (RSI), BTC снова в руках быков. Более того, способность защищать поддержку на уровне $ 8 800 означает, что биток вернулся в бычью фазу.

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Bitcoin Price Trumps $8.5k Low But A Significant Bounce Might Be On The Way. Here’s Why

Bitcoin continued with its daily downtrend hitting new lows and has bounced off $8,455 yesterday. The daily RSI was getting dangerously close to the oversold zone and we might see the digital asset experience at least a relief bounce up to $9,000 before the bears can take over again. For the last two days, Bitcoin […]

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Bitcoin Analysis for 2020-02-11 [Premium Analysis]

The Bitcoin price has been in a corrective phase since reaching a high of $10,187 on Feb 10. Bitcoin Price Highlights The Bitcoin price has broken down from a short-term support line. The hourly RSI is bearish.

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Bitcoin Price 4-Hour RSI Flips Bullish as Traders Brace for $9.5K

Bitcoin bulls are firmly in charge, traders suggest, with short-term indicators looking increasingly promising

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Bitcoin Analysis for 2020-01-24 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price broke down from a range of $8,550-$8,750. The RSI successfully completed a failure swing top. The RSI broke down from a descending triangle. There is minor support at $8,350 and $8,000.

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Bitcoin Analysis for 2020-01-21 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price has broken down from an ascending wedge. The RSI has generated bearish divergence. It has yet to create a failure high swing. The RSI has possibly created a descending triangle.

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Bitcoin Analysis for 2020-01-17 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price is trading inside of an ascending wedge. The RSI & MACD have generated a bearish divergence. There is a possible triple top in play. The price might have broken out above the long-term resistance line.

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Bitcoin Price RSI Breakout Could Target $9K Short-Term

Bitcoin price has been trapped within a powerful downtrend that’s cut the leading cryptocurrency by market cap’s value by nearly 50% over the course of the last few months. Coinciding with the downtrend, Bitcoin’s Relative Strength Index has been confined below a decreasing trendline that the cryptocurrency has now broken out of, suggesting that a... The post appeared first on NewsBTC.

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Bitcoin Analysis for 2020-01-06 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price is trading inside of an ascending channel. There is a bearish divergence in the lower time-frame RSI & MACD. There is minor resistance at $7600. The price has created a longer-term inverse head and shoulders (H&S) pattern.

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Bitcoin Analysis for 2019-12-18 [Premium Analysis]

The Bitcoin price broke down from and invalidated the current descending wedge. It is trading very close to the support line of its long-term descending channel. There is strong bullish divergence in the RSI suggesting that a bounce will occur.

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3 Key Metrics Suggest Bitcoin Price Has Completed Its Macro Bear Cycle

Several key metrics like the RSI, MACD, and CME Futures gap point toward a bullish rally for Bitcoin price over the coming week

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Bitcoin goes to the bottom to soar – Bloomberg

Analysts at Bloomberg, the most reputable financial resource, claim that now Bitcoin is approaching the level of May of this year, after which it will inevitably go up. Bitcoin is now “vastly oversold”, Bloomber claims.

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Bitcoin RSI Pattern Suggests a New Market Cycle Has Begun

Bitcoin’s price movement and its hash rate have long been speculated to have a correlation. Recently, a pattern has emerged which suggests that the price of BTC begins to increase shortly after the difficulty is negatively adjusted.

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Bitcoin Analysis for 2019-11-14 [Premium]

The Bitcoin price has made a triple bottom inside the support area at $8650, combined with long lower wicks. While this is a bullish pattern, the bullish divergence trendline in the RSI has been broken.

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Former Head of ECB dropped Bitcoin (BTC)

The unexpected dropping of Bitcoin by almost 10% put the proponents of technical analysis in a difficult position. And the reason is most likely in fundamental factors, if verbal interventions can be considered as such.

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Bitcoin Analysis for 2019-11-04 [Premium]

After breaking out from a descending wedge on Oct 26, the price of Bitcoin has decreased to touch a previous resistance line. It is trading inside a short-term horizontal channel and an ascending triangle.

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Прогноз: Биткоину грозит откат ниже $9000

Забег биткоина, который мы наблюдали в минувшие, выходные скоро сменится небольшим откатом монеты. Так считают некоторые трейдеры, зафиксировавшие сигналы к ослаблению курса BTC. В ближайшее время биткоин подешевеет ниже $9000 в рамках коррекции, так как агрессивный запал инвесторов угасает, и на смену экспансии придет фаза длительной обороны.

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Крипторейдеры ожидают откат биткоина ниже $9000

Забег биткоина, который мы наблюдали в минувшие выходные скоро сменится небольшим откатом монеты. Так считают некоторые трейдеры, зафиксировавшие сигналы к ослаблению курса BTC. В ближайшее время биткоин подешевеет ниже $9000 в рамках коррекции, так как агрессивный запал инвесторов угасает, и на смену экспансии придет фаза длительной обороны.

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Анализ цен криптовалют: впереди жесткое сопротивление

О дальнейших возможных сценариях движения цены биткоина и нескольких популярных альткоинов рассказывает ведущий аналитик RoboForex Дмитрий Гурковский. Покупатели пытаются спровоцировать рост крипторынка, однако, скорее всего, это лишь очередная коррекция перед продолжением движения вниз.

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Bitcoin Price Correction Is Almost Over, Says Analyst

The price of Bitcoin has been through numerous market cycles. Very often similarities arise between current and previous cycles. These similarities allow us to make predictions about future price movements.

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Bitcoin May Resume Bullish Pressure Due to RSI Oversold Level: Forbes Analyst

Bitcoin bulls may resume pressure, says a crypto analyst and a Forbes contributor, however, under certain conditions a ‘blood bath could happen’, he says

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Bitcoin Price Analysis: BTC Could Bounce Off $7200 Support

Bitcoin (BTC) price clearly broke through key support levels at $9,500 recently, as shown in my previous analysis and has since dropped to $7,700 losing almost 19% of its value within the last few days.

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Bitcoin’s Days of $10,000 BTC/USD Price Coming to an End, says Crypto Trader

Market divided on the next move BTC will make Upcoming Bakkt an important milestone for the entire industry – Adam White RSI showing momentum, the ongoing “one big consolidation pattern in major uptrend” could end in the next few weeks This week has been a whirlwind of price movements as first on Sept. 19, in […]

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Bitcoin Bull Market Is Only Getting Started. Stock-to-Flow Model Creator Uses Simple Technical Indicator to Prove It     

Bitcoin expert PlanB shows that bull market starts when the RSI rises above 50

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Bitcoin Selloff Stalls at Historical Price Support Near $10K

Bitcoin's defense of the 100-day price average and a bullish RSI divergence on the hourly chart call for a minor price bounce to $10,300.

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After Monster Crash Bitcoin Flashes Loudest ‘Buy’ Signal in 8 Months

By CCN Markets: Bitcoin plunged below $10,000 on Thursday after a violent three-day selloff. But now is not the time to panic. If history is anything to go by, now might be the best time to accumulate bitcoin.

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