Bitcoin Price Analysis: BTC/USD Trends of February 04–10, 2019

2019-2-4 10:00

CoinSpeaker
Bitcoin Price Analysis: BTC/USD Trends of February 04–10, 2019

Key Highlights: Slow bearish momentum in Bitcoin market; the Bears hold tight to the BTC market; further price declination is anticipated in the BTC market. BTC/USD Long-term Trend: Bearish

Resistance levels: $3,679, $4,237, $4,692
Support levels: $3,247, $2,765, $1,95BTC/USD is in a bearish trend on the long-term outlook. All attempts made by the bulls to break up the resistance level of $3,679 were proof abortive by the dynamic resistance and support 21-day EMA. This has been acting as a barrier to the uptrend movement.

The bears continue dominating the BTC market but at a slow momentum. A daily bearish candle formed on January 28 pushed the coin slightly down below the upper week consolidation level but unable to reach the previous low of $3,247 support level and shortly after that, the coin commenced another phase of consolidation.

The two EMAs were steadily sloppy down on the daily chart following the trend and Bitcoin price remains under the 21-day EMA and 50-day EMA as a bearish trend indication. The Stochastic Oscillator period 14 is above 20 levels with the signal lines pointing to the south connotes sell signal. Further declination of Bitcoin price depends on the Bears’ pressure as a new daily bearish candle is emerging and this may push the coin to bottom at the demand level of $3,247. Traders may place buy limit order at $3,247 price level as this mark may serve as a turning point for the BTC price.

BTCUSD Medium-term Trend: Bearish

BTC/USD is still on a bearish trend on the medium-term outlook. The inside bar bearish candle pattern formed on the 26th of January implies that the bears were coming into the BTC market with full force and the BTC price decreased and bottomed around $3,247. The BTC price made the mark as its turning point. The inside bar bullish candle formed on January 29 alerted the market of the bulls’ arrival which made the coin to rally upward towards the 50-day EMA which serves as a pullback for the BTC price.

The Stochastic Oscillator period 14 is at 20 levels with its signal line pointing down connotes sell signal. In addition, Bitcoin price is still trading below the two EMAs indicates that the BTC may range downward towards $3,247 price level.

Bitcoin Price Analysis: BTC/USD Trends of February 04–10, 2019

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 75057.05 (+0.55%)
Объем 24H $38.221b
Изменеия 24h: 1.13 %, 7d: 5.75 %
Cегодня L: $74590.27 - H: $75057.05
Капитализация $1502.311b Rank 1
Цена в час новости $ 3458.1 (2070.47%)

bitcoin price 2019 february trends analysis btc

bitcoin price → Результатов: 126


Фото:

Latest data shows retail Bitcoin wallets can no longer control short-term BTC price moves

Bitcoin’s Price Is Being Set Further Away From Bitcoin Holders Bitcoin spent the end of March in a range that looked calm on the surface and unusually crowded underneath. By Monday, Bitcoin's price was trading around $67,000 after a week that had already pulled in one of the year’s largest derivatives events and another round […] The post Latest data shows retail Bitcoin wallets can no longer control short-term BTC price moves appeared first on CryptoSlate.

2026-3-30 12:58


Фото:

Bitcoin Short-Term Holders Capitulate As 22K BTC Flow To Exchanges

The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday, while the geopolitical tensions between the United States, Israel, and Iran seem to worsen. According to a recent on-chain evaluation, this latest price decline appears to have been triggered by a panic-driven sell-off among the market’s most sensitive investor group.

2026-3-29 03:00


Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.42M and Dogecoin and Solana Remain Shaky

Bitcoin mining difficulty just hit a new all time high as hash rate climbs despite the price correction, proving miners are betting on long term recovery even as short term holders panic. But the bitcoin price news right now tells a different story, because BTC failed to reclaim key resistance and the drop below $67,000 […] The post Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.

2026-3-2 19:00


Фото:

Bitcoin reveals a rare bullish cycle bottom signal before bouncing as futures bears tighten their grip

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.

2026-2-26 21:10