Bitcoin retraces back to critical monthly all-time high support level from 2021

Bitcoin will close April down this evening following a drawdown of roughly 15% since the start of the month. The close of the monthly candle will mark the end of seven successive green candles and the end of a record-making streak.

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Bears Salivate As Bitcoin Monthly Close Leads To Indecision

Bitcoin price is back above $56,000 once again, after a tug-of-war between bulls and bears has led to a bit of a stalemate just as the April monthly comes to a close. The monthly candle at current levels will close as a doji, signaling indecision, and a potential reversal ahead. Here’s a closer look at […]

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Bitcoin’s Bearish Monthly Close Raises Red Flags

The Bitcoin (BTC) price created a shooting star candlestick for the month of June. This is a bearish pattern that normally indicates that the previous upward trend has lost its strength and a reversal is near.

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Bitcoin price recap: June 2020

Bitcoin price headed for monthly close beneath key level despite increased hodling and reduced...

The post Bitcoin price recap: June 2020 appeared first on Coin Journal.

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Bitcoin Gold price rises 24% ahead of monthly close

Bitcoin Gold price is up 23% in the past 24 hours as price breaks...

The post Bitcoin Gold price rises 24% ahead of monthly close appeared first on Coin Journal.

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Ripple Price: XRP/USD downtrend likely to extend beyond current 900 days

XRP/USD’s monthly candle is likely to close lower than current levels and extend its... The post Ripple Price: XRP/USD downtrend likely to extend beyond current 900 days appeared first on Coin Journal.

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What Does Bitcoin’s Monthly Close Tell Us About Future Prices?

The Bitcoin (BTC) price reached a close of $9448 for the month of May, which was the highest close since August 2019. However, the price is still facing considerable diagonal resistance and horizontal resistances in the weekly time-frame.

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Here’s What Comes Next After Bitcoin Closed Above Yearly Resistance at $9,500

Bitcoin’s buyers and sellers engaged in a heated battle yesterday just prior to the cryptocurrency’s critical monthly close This led it to see heightened volatility, with bulls prevailing over bears Buyers were able to propel the cryptocurrency above a massive monthly resistance level that has been holding strong throughout part of 2019 and all of 2020 The close above this level could be a bullish catalyst Bitcoin has been seeing some turbulence as it consolidates […]

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Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works.

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Bitcoin April Monthly Close Was Crypto Asset’s Best Performance Since 2013

Today is a new month, and that means that last night’s daily close also market the April candle close on Bitcoin monthly price charts. Last night’s close marked the first-ever cryptocurrency’s best April performance since 2013, even easily besting the April 2019 rally that took Bitcoin to over $13,000. Is this a sign that the...

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Bitcoin Surged Past $9,000, But the Technical Feat Hides a Shocking Twist

This morning, something very important came to pass: Bitcoin’s monthly candle for April finally closed. It was an occurrence closely watched by many crypto traders and investors. At first, many thought the close was decisively bullish; due to the stunning recovery that has transpired over the past few days, April saw Bitcoin entirely negate the losses sustained during March, with the candle closing around $8,700.

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Ethereum anticipates positive breakout as correlation with Bitcoin continues to rise

Ethereum 2.0 has so far failed to propel the largest altcoin above $200-mark. However, it achieved a positive momentum and was currently trading in the $190-area close to the monthly high. Ethereum miThe post Ethereum anticipates positive breakout as correlation with Bitcoin continues to rise appeared first on AMBCrypto.

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What Will the Bitcoin Price Be by the End of the Year?

On March 13, the BTC price reached a low of $3,850. While this initially seemed to cause a breakdown below numerous support levels, the price immediately began an upward move and proceeded to reach a monthly close above $6,000.

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Bitcoin Surges to $6,600: What Do Analysts Think Is Next?

After plunging towards $6,200 after the monthly candle close, Bitcoin has rallied hard, gaining 5% in the past two hours alone ahead of the daily close arriving in approximately 90 minutes. As of the time of writing this article, the cryptocurrency sits at $6,575, just a smidgen shy from $6,600. What are analysts thinking about...

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Here’s Why Bitcoin’s Bullish Monthly Close Isn’t Enough to Thwart a Massive Selloff

Following Bitcoin’s bout of consolidation within the mid-$6,000 region, the benchmark cryptocurrency has seen a slight decline that has led it down towards the support that has been established around $6,000.

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What Does Bitcoin’s Monthly Close Tell us about the Future?

Last night, the Bitcoin price closed its monthly candlestick for March. The candlestick took the form of a bearish hammer, with a very long lower-wick. It closed 24% below the opening price, while the candlestick had a lower-wick with a magnitude of 40%.

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Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red

Bitcoin dropped below $6.1K and bulls need to show strength as the weekly and monthly close approach

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Rally Over? Latest Bitcoin Price Action Resembles Aggressive Distribution Model

Last night, following a bullish weekly close and an even more bullish monthly candle close just days prior, the recent rally in Bitcoin price may have finally topped out. According to the Wyckoff method, the recent price action closely matches an aggressive redistribution model that suggests a severe mark down phase could follow.

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Why Tomorrow’s Monthly Close In Bitcoin Could Be Its Most Critical Yet

In financial markets, high timeframes are the most important when it comes to technical analysis and influence on the overall trend. The same is true for Bitcoin, and all eyes are on tomorrow’s January monthly candle close.

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Bitcoin on the Cusp of a Massive Rally as Analysts Closely Watch Monthly Close

Bitcoin’s firm uptrend throughout 2020 has now led it to reach a key near-term resistance level that its bulls are currently contesting. This has resulted in mixed feelings amongst analysts as to where BTC will go next.

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Bitcoin Price Takes Aim at $7.4K Resistance — $7.6K by Monthly Close?

Bitcoin price appears set to retest the $7.4K resistance but will the digital asset take a shot at the more important $7.6K resistance before the weekly and monthly close?

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Ethereum Price (ETH) Holding Uptrend Support, Bulls In Control

ETH price traded to a new monthly high close to $240 before correcting lower against the US Dollar. The price is currently holding an important support near the $222 and $224 levels. Yesterday’s highlighted important bullish trend line is active with support near $224 on the hourly chart of ETH/USD (data feed via Kraken).

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Dow Jones Drops After Fed Rate Cut, What’s This Mean for Bitcoin?

July was yet another strong month for the stock markets despite looming threat of a coming economic recession, with the Dow, Nasdaq, and S&P 500 all close to beating out their average monthly gains for the calendar month.

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Bitcoin to continue with wayward movement; monthly close should be the focus, claims analyst

Bitcoin is neither here nor there. But, the king coin is everywhere. The king coin is looking to close the week in a relatively stable condition, not an accurate reflection of the roller coaster of the past few days.

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Clear skies ahead if Bitcoin closes over monthly-ATH of $13,800; bold claim or given?

As the $13,000 mark is left shattered yet again, all eyes now point to the monthly close of Bitcoin. The all-time high for the top cryptocurrency, in 2019, was recorded at the close of June when the price tapped out just above the $13,800 mark.

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After Posting Best Monthly Close Since 2017, Bitcoin May be Posed for Significantly Further Gains

Despite facing some instability earlier this week, Bitcoin has been able to post a decent recovery from its recent lows and appears to be consolidating before it makes another large price movement.

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Bitcoin Records The Best Monthly Close In May With Over 62% Gains Since 2017

Bitcoin Records The Best Monthly Close In May With Over 62% Gains Since 2017 Since going above $9,000 to flash crashing below $8,000, the leading cryptocurrency is back to making its way upwards as it climbs to $8,624, the highest point of today on Bitstamp.

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Bitcoin on Course for Highest Monthly Gain Since November 2013

Bitcoin (BTC) could close trading in May 2019 more than 70 percent up from the start of the month, surpassing its second-best ever monthly performance. Meanwhile, the top-ranked cryptocurrency continues to enjoy improved technical and market fundamentals with experts calling another bull run to a new all-time high (ATH) in 2019.

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Bitcoin Price Close Above $9K Will Be Largest Green Monthly Candle Since 2013

The price of Bitcoin has been on a wild ride in recent weeks, with a parabolic rally that began in early April taking the first-ever crypto asset on a journey back toward its all time high price of $20,000.

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Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!

To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance.

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Crypto Analyst: Bitcoin May Monthly Candle Close Confirms Bull Market or Accumulation

As Bitcoin price nears closer to important resistance at $6,000, it’s clear that the leading cryptocurrency by market cap is at an inflection point, and where it goes next could set the tone for the following months to years.

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Analyst: Bitcoin Has Stronger Bullish Potential than Altcoins, Here’s Why

The bitcoin market’s bullish bias is looking stronger than other altcoins, according to Josh Rager. The cryptocurrency analyst said Wednesday that bitcoin was among the only crypto assets that managed to jump above a significant resistance level on monthly charts.

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Analyst: Bitcoin’s Bullish Monthly Close May Signal That Parabolic Run is Imminent

April has proven to be a very positive month for the crypto markets, and Bitcoin’s ability to decisively surge into the $5,000 region without incurring any significant selling pressure has shifted the overall market sentiment to be slightly more bullish as many analysts expect BTC to see further gains in the near-future.

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Bitcoin Price Breaks Weekly Highs as Bulls Stampede Into Monthly Close

Bitcoin price has been trading in a tight $147 range so far this week, which has been the case now for around 5 days, while the market attempts to digest the information around Bitfinex and Tether.

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Bearish Price Prospects for XRP and Stellar Lumens After Consecutive Losses [Price Analysis]

  Despite buying pressure earlier in the month, XRP is forming another Doji candle on its monthly chart as April approaches its close. If the monthly candle closes as a Doji, this will mark the fifth consecutive Doji candle recorded on the monthly chart.

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Sell in May and Go Away? A Look At Historic Bitcoin Price Performance in May

The first ever cryptocurrency, Bitcoin, is set to close its third consecutive monthly candle as green, after a record-setting six candles closed in red, taking Bitcoin price to its current bear market low of $3,150.

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Bitcoin Price Analysis: BTC/USD Ready to Break Out or April Fools?

Bitcoin price completed the close of the Daily, Weekly, Monthly and Q1 in the green. Let’s take a look at the charts to determine what could be expected for the number one crypto asset in the near future.

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Bitcoin Price Completes Bullish Monthly Close Above $4100

Bitcoin price inched higher April 1 as the largest cryptocurrency begins a new month trading above $4100. Bitcoin Price Holds Above $4100 Data from cryptocurrency exchange Bitstamp, which traditionally hosts a more conservative price tracker than other major exchanges, showed Bitcoin at $4112 at press time Monday.

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Bitcoin Price Analysis: Bulls Must Defend $3800 By The Monthly Close

Bitcoin price has got off to a lackluster start, finding weekly lows of $3850, down from $3980 after finishing the week on a fifth consecutive green candle. Let’s take a closer look at the BTC price action to look what may be in store for the final week of March.

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Ethereum [ETH] & EOS Price Action – Dragonfly Doji Setting EOS up to Outperform?

EOS recorded a strong performance in February, but this is being followed up in March with consolidation in price action. This is reflected on the monthly chart with the March candle so far forming a Doji candle.

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Bitcoin Price Spiked 11% in February But Could Tank & Hit New Lows

The bitcoin price posted its first monthly gain in February after a dismal seven-month drought. However, technical analysis suggests the original cryptocurrency could crater to new lows because a downtrend appears to be forming.

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Bitcoin Price Analysis: Bulls Look to Retest $4200 Into the Monthly Close

Bitcoin price is set to end a 6-month red candle losing streak today if the bulls can maintain a price above $3420. After a sharp $150 (4%) decline and subsequent sharp reversal, we take a look at the charts to try and get the lay of the land before the close.

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Bitcoin to Secure First Positive Month Since July 2018, When Will Stalemate Break?

For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $3,414 mark by the end of February, BTC will establish a green monthly candle.

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7 Cryptocurrencies that Surprisingly Outperformed Bitcoin in January

Seven cryptocurrencies performed way better than Bitcoin during January’s market volatility. HOT, the native token of Holochain project, surprised the cryptocurrency community with a 178% price surge.

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Bitcoin Price Analysis: Straight Six For the Bears

As Bitcoin heads into the first monthly close of 2019, we take a look at the price action over the last month and what might lie ahead for the number one crypto asset. Monthly Chart The monthly chart paints a painful last six months for Bitcoin price , with six consecutive monthly red candles surpassing that of each of the previous bear market cycles.

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VeChain (VET) Waves (WAVES) and Zilliqa (ZIL) Gaining Momentum as They Reach for Double Digit Increase

Following the major market plunge that struck the crypto-verse two days ago as the leading coin Bitcoin (BTC) failed to successfully close above the $3,700. 00 mark. In a matter of an hour the pair BTC/USD declined from $3,730 to $3,590 retesting the important support $3,550.

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October Close May Prove Decisive for Bitcoin Price

Bitcoin's monthly close today may reveal the cryptocurrency's directional bias after a long period of low volatility.

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Bitcoin (BTC) and Altcoins ETH, XRP About to Hit Monthly Lowers: Market Plunge

The leading coin by market capitalization Bitcoin (BTC) has seen better starts of the week as today [Monday 29th Oct] in a matter of minutes its value dropped from $6,490. 00 to $6,344. 00 and continued declining until it hit just above $6,300.

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OmiseGO Close To Completing Plasma Integration

OmiseGO, one of the most popular projects on the Ethereum network, recently announced important advances in Plasma development and integration. In the monthly Community Update, the OmiseGO team explained that during the last month they made a series of significant advances in the development of applications based on Plasma technology.

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EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains

Bitcoin (BTC)’s price movement so far has been a reaction to the EUR/USD pair for the most part. In fact, Bitcoin (BTC) has rarely made any moves that were not coherent with movements in the EUR/USD pair.

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