Tag Archives: btc price analysis

Bitcoin Price Analysis: BTC/USD Could Tumble Further Below $3,000

Bitcoin price fell further and declined below the $3,620 support level against the US Dollar. BTC/USD settled below $3,400 and it seems like it could slide further below $3,000. Important Points: Bitcoin price traded further lower below the $3,705 and $3,620 support levels. BTC/USD broke a major declining channel with support at $3,560 on the 2-hours chart. BTC… Read More »

Bitcoin Price Analysis: Will $5k Hold or Are Bulls Being Led to Slaughter?

Bitcoin price (BTC/USD) had a dire week, breaking down last Wednesday from its 2018 consolidation reaching weekly lows of $5200.  This week started no better with new lows being found after a further selloff at around $5050. Here we take a look at some of the immediate levels trades and investors alike a paying attention to. Bitcoin Price:… Read More »

Bitcoin Price Analysis: Did We Just Get a Reversal Sign?

Not much has changed with Bitcoin price since yesterday as it stayed within a $50 range. We are in a rising wedge on the short term while it’s having some difficulty breaking through the Fibonacci levels. On the fence Even still, this area for BTC price 00 is a no-trade zone for the most part due to the low volatility and the lack of… Read More »