Bitcoin Price Analysis: Range-Bound Market Tests Macro Milestones

2019-9-21 22:10

Summary: Amid an otherwise uneventful market structure, bitcoin seems to be making a consolidation pattern known as a “head and shoulders bottom.” The pattern is still forming and is not yet actionable, but if it manages to break to the upside, it could push the market to retest its $12,500 high.  The bulls really want to see a weekly close above the $10,300 level outlined in this video because that represents a strong weekly/monthly level. A close below this level would be a sign of potential bullish weakness and an inability to drive the market further.A failure to rally would mean the market is most likely going to retest support in the $9,000 zone.

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: Range-Bound Market Tests Macro Milestones appeared first on Bitcoin Magazine.

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bitcoin market tests milestones macro price range-bound

Источник: bitcoinmagazine.com

bitcoin market → Результатов: 126


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2026-5-29 01:30


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2026-3-23 09:00


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Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

On Apr. 16, the Securities and Exchange Commission will host a public roundtable on listed options market structure covering quote-driven competition, customer experience, and growth. This is standard regulatory fare, except that Bitcoin exposure is migrating into regulated, centrally cleared products just as the SEC is reconsidering how the machinery works.

2026-3-7 16:15


Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction

Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months.  Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region.

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