Tag Archives: Bitcoin

Positive trading dominated the movements of Bitcoin during the previous trading session, explaining that the confirmation of the breach of the resistance level 57,180 facilitates the way to visit 58,165, and then 59,100, recording its highest price of 58,860. On the technical side, today we may witness a bearish tendency …

The positive moves returned to control Bitcoin prices, nullifying the positive outlook, as we expected, and to remind us, we indicated during the previous analysis that the return of stability in trading again above 54,240 leads Bitcoin prices to rise again, with a target of 54,720, and then 55,690 to …

Bitcoin prices fell significantly during the last session’s trading, nullifying the positive outlook, as we expected. we indicated that breaking the 53,800 support level delays the chances of an upside, and will witness a bearish bias that aims to re-test 53,280 to record its lowest level at 52,292, offsetting the …

Bitcoin prices were able to achieve noticeable gains during the previous trading session, touching the first target published during the previous analysis, located at 55,760 and approaching the second target 56,510, to settle for recording its highest level at 56,343. Technically speaking, the possibility of a continuation remains due to …

The support levels published in the previous analysis at 55,120 managed to limit the bearish bias, which forced Bitcoin to rebound again. Today we are biased towards the positivity, relying on the positive motive of the 50-day moving average, in addition to the price temporarily stabilizing above 52,230. Confirming the …

Data from the Cryptocurrency Management Quinchers Monday (April 26th) showed that the cryptocurrency Bitco8b lost record weekly flows as sentiment in general towards cryptocurrencies turned to caution after a rally stalled. BTC lost $21 million in inflows in the week ending April 23, the largest weekly inflows on record. The …

Positive trading dominated the movements of Bitcoin within the bullish corrective bias targeted during the previous analysis at 52,050, recording its highest level at 54,301. On the technical side, the current movements are witnessing a bearish bias, as a result of the negative features that started to appear on the …

On Monday, Bitcoin jumped by as much as 8% and is heading to end a five-session losing streak, but the cryptocurrency is about a fifth below the all-time high it reached earlier this month. Bitcoin was in the latest transactions, up 6.7% to 52,452 dollars, after touching its lowest level …

Bitcoin prices did a bullish rebound after several consecutive sessions of decline, reaching its lowest level during the previous trading session at 47,490. On the technical side, Bitcoin found a solid support floor around the aforementioned level, while the stochastic indicator started to show positive signs. We may witness a …

Bitcoin prices fell significantly during the previous trading session, to record its lowest level around 50,490. On the technical side today, with a closer look at the 60-minute chart, we find the stochastic indicator is trading around oversold areas, in addition to the intraday trading stability above the support level …