Bullish Sentiment for Bitcoin As Long Bets Near 11-Month Highs
Bullish bets on bitcoin, the world’s largest cryptocurrency by value, reached 11-month highs on Monday, according to the data from the cryptocurrency...
Bitcoin Price Passes $3,700 to Hit One-Month High
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Bitcoin jumped to one-month highs earlier today, validating the falling wedge breakout seen in the 4-hour chart on Friday.
The outlook as per...
Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms
Calling precise market tops and bottoms is next to impossible in the volatile cryptocurrency markets. That said, some traders believe identifying speculative bubbles...
Bitcoin’s Sideways Drift Has Shifted Price Recovery Target to $3.7K
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Bitcoin’s six-day-long consolidation near $3,600 has neutralized the bullish view put forward by a falling wedge breakout confirmed on Feb. 8. The...
Long-Term Indicator Suggests Bitcoin Price May Be Nearing Bottom
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Bitcoin’s weekly MACD has diverged in favor of the bulls. The indicator carved out a higher low in December, even though bitcoin’s...
Bitcoin Making Little Headway as Resistance Caps Price Gains
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Bitcoin is struggling to cross the 50-day moving average hurdle for the fifth straight day. The repeated failure at that key hurdle...
Bitcoin Price Pattern Hints at Short-Term Rally to $4K
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Bitcoin has backed off 4 percent from three-week highs seen on Friday, but looks to have formed a bull flag – a...
Bitcoin Eyes $3.8K After High-Volume Price Breakout
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Bitcoin gained 7.8 percent on Friday, confirming a falling wedge breakout on the daily chart. The bearish-to-bullish trend change was backed by...
Bitcoin Price Still Trading Flat While Litecoin Hits 7-Month High
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The immediate outlook for bitcoin will remain bearish while prices are held below the 6-hour chart 50-candle moving average, currently at $3,417.
Litecoin’s...
Little Relief in Sight as Bitcoin Price Closes at 7.5-Week Low
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Bitcoin suffered its lowest UTC close in over seven weeks on Wednesday, reinforcing the bearish view put forward by the rejection at...
