Bitcoin rallied, but analysts say it’s ‘more of the same’ until $46K becomes support

Bitcoin rallied, but analysts say it’s ‘more of the same’ until $46K becomes support
фото показано с : cointelegraph.com

2022-3-10 01:30

BTC price made a 10% move toward a key resistance level, but traders warn that the price action is just “more of the same” until $46,000 is flipped to support. origin »

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until support price same warn traders level

Источник: cointelegraph.com

until support → Результатов: 126


‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs

By CCN. com: Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U. S. government gives the asset a thumbs-up, American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman, outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing.

2019-5-1 22:20


Фото:

Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

2019-3-16 01:56


Bitcoin Weekly Price Analysis: BTC/USD Recovery Spark in Store as Crypto Market Starts to Heat Up

General Market Overview Market Cap: $121,807,021,428 • 24h Vol: $24,759,467,157 • BTC Dominance: 52.9% From Monday when the evaluation of the cryptocurrency market cap has been around $113,5 billion and has mostly hovered around those levels until Wednesday when it fell to the horizontal support at around $111,5 billion. As the evaluation interacted with the […]

2019-2-9 21:45


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


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