Bitcoin Price Analysis: BTC/USD Trends of January 14–20, 2019

2019-1-14 10:07

CoinSpeaker
Bitcoin Price Analysis: BTC/USD Trends of January 14–20, 2019

Key Highlights: Bitcoin price broke out of the ranging movement; the Bulls lost the momentum on the 4-Hour chart; there is a probability for further declination of BTC price. BTC/USD Long-term Trend: Bearish

Resistance levels: $3,679, $4,249, $4,715
Support levels: $3,247, $2,765, $1,956BTC/USD broke out the ranging phase on the long-term outlook. The cryptocurrency eventually broke out of the range-bound movement between the resistance level of $4,249 and the last week support level of $3,677 which the Bitcoin price has been involved for over two weeks. The bearish broke out took place on December 13 after the formation of the big bearish candle. The $3,679 price level broken downside, exposing the coin to the support level of $3,247.

BTC price has broken the barrier of the two EMAs, currently trading below the 21-day EMA and 50-day EMA as evidence of bearish pressure. The Relative Strength Index period 14 is at 40 levels with the signal lines bending downward which signify that Bitcoin price will fall further. If the bears maintain their bearish momentum the previous low of $3,247 price level may be the target of the coin.

BTCUSD Medium-term Trend: Bearish

BTC/USD resumes bearish trend on the medium-term outlook. Bitcoin price found its high at $4,237 price level last week and a further increase was rejected by the bears. Further increase of the bears’ momentum pushed the coin to cross the two EMAs downside by the formation of bearish engulfing candle followed by the massive bearish candle. The former support level of $3,679 was broken down and the BTC price facing the support level of $3,247.

The 50-day EMA is currently placed above the 21-day EMA with Bitcoin price trading below the two EMAs which indicates the high momentum of the sellers. The RSI period 14 is at 20 levels with the signal line pointing up which indicates buy signal; this could be a price retracement. A bullish rally may be envisaged in case the resistance level of $3,679 price level does not hold and a strong bullish candle is closed above the $3,679 price level.

Bitcoin Price Analysis: BTC/USD Trends of January 14–20, 2019

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 66820.47 (-0.50%)
Объем 24H $53.878b
Изменеия 24h: -2.70 %, 7d: 4.78 %
Cегодня L: $66462.92 - H: $69436.06
Капитализация $1336.231b Rank 1
Цена в час новости $ 3703.06 (1704.47%)

bitcoin price 2019 january trends btc analysis

bitcoin price → Результатов: 126


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


Bitcoin Active Addresses Fall To 2020 Lows Following $83,000 Failure — What To Expect

The Bitcoin market has seen a horrific tale over the week, with the price recording a downturn of more than 12%. As the flagship cryptocurrency tests its $77,000 price support, data from recent on-chain analysis has been put out, which suggests that investors might have more concerns in the near-term. Related Reading: Bitcoin MVRV Z-Score […]

2026-2-1 12:00