Bitcoin (BTC) is in the process of making its first breakout attempt above the $57,200 resistance area. If successful, it could test the highs reached […]
Month: September 2024
Bitcoin (BTC) On-Chain Indicators Support Bullish Trend Continuation
BeInCrypto takes a look at Bitcoin on-chain indicators, specifically the Spent Output Profit Ratio (SOPR), RHODL Ratio, and Stock-To-Flow (STF) deflection model. Bitcoin SOPR SOPR is […]
Bitcoin (BTC) Falls to Support After Rejection from $50,000
On Aug 16, Bitcoin (BTC) created a bearish engulfing candlestick and broke down from an ascending support line in the process. BTC is in the […]
Bitcoin (BTC) Falls Below $56,000 After Failure to Sustain Rebound Rally
After initiating a bounce on Nov 25, Bitcoin (BTC) decreased considerably the next day and is back at its weekly lows. Since Nov 19, BTC […]
Bitcoin (BTC) Fails to Reclaim Previous Support Level
Bitcoin (BTC) was rejected on Dec 7 and failed to reclaim the line which previously acted as support. There is short-term horizontal support between $47,000-$48,150. […]
Bitcoin (BTC) Fails to Move Above $44,000 Resistance
Bitcoin (BTC) attempted to move upwards on Sept 27 but was rejected by the $44,000 resistance area. While BTC is still trading inside the upper […]
Bitcoin (BTC) Drops Below $60,000 But Correction Could Be Short-Lived
Bitcoin (BTC) is likely in the middle of a short-term correction that has taken it below $60,000. Following this correction, a rebound in price is […]
Bitcoin (BTC) Drops Back After Failure to Reclaim Support
The bitcoin (BTC) price decreased only slightly last week, opening at $49,239 and closing at $48,808. (adsbygoogle = window.adsbygoogle || []).push({}); It has broken down […]
Bitcoin (BTC) Continues Hovering Above $63,500 Support
Bitcoin (BTC) is holding on above a horizontal and diagonal support area, a breakdown from which could trigger a very sharp downward movement. Bitcoin has […]
Bitcoin (BTC) Continues Consolidating Inside Monthly Range
Bitcoin (BTC) decreased considerably during the week of July 12-19, reaching a low of $31,020. (adsbygoogle = window.adsbygoogle || []).push({}); While long-term indicators are still […]