Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

2019-10-9 01:03

Summary: The bitcoin market is experiencing a strong rally that has us testing the strength of the $8,300 resistance level.So far, the support level at $8,090 is holding and as long as the daily candle doesn’t close below the support level the market is poised for a retest of the $8,500s.If we see a close below the $8,090 support we will likely see a retest of deeper support at $7,700.

Trading and investing in digital assets like bitcoin is highly speculative and comes with many risks. This price analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Inc sites do not necessarily reflect the opinion of BTC Inc. They should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.

The post Bitcoin Price Analysis: Strong Rally Retests Macro Resistance appeared first on Bitcoin Magazine.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98124.88 (-0.40%)
Объем 24H $103.991b
Изменеия 24h: 4.00 %, 7d: 11.82 %
Cегодня L: $98033.78 - H: $98124.88
Капитализация $1941.456b Rank 1
Цена в час новости $ 8399.8 (1068.18%)

bitcoin rally resistance price analysis macro retests

Источник: bitcoinmagazine.com

bitcoin rally → Результатов: 126


Analyst Predicts: Bitcoin On The Brink Of A Monumental Rally – Here’s Why

Willy Woo, a crypto analyst, has captured the crypto community’s attention with his latest view on Bitcoin (BTC), suggesting an impending significant surge for the asset. This optimism follows the approval of spot Bitcoin ETFs, which Woo believes would channel more substantial capital into the market, potentially catalyzing a “monumental rally” in Bitcoin’s value.

2024-3-8 06:00


Фото:

Could Bitcoin Dogs benefit from expected rally in Bitcoin in 2024?

Many believe the crypto market will extend last year’s rally in 2024 on the back of Spot Bitcoin ETFs the Securities & Exchange Commission approved in January. Bitcoin halving is approaching fast too Experts are bullish on the said exchange-traded funds because they welcome trillions of dollars in institutional capital into the world’s largest cryptocurrency. […]

2024-2-20 15:32


Here’s Why Bitcoin Could Break At Least $33,000 In This Rally

Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly report from Glassnode, BTC is currently in a range that has historically been associated with a macro transitional phase.

2023-4-5 17:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Price Analysis: Market Is Set for Deeper Tests

If the market breaks support, the next logical level for the bitcoin price to test is at the $8,700s — the range that led to last week's massive breakout. The post Bitcoin Price Analysis: Market Is Set for Deeper Tests appeared first on Bitcoin Magazine.

Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occurred this week was engulfed. The post Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop appeared first on Bitcoin Magazine.