BTC/USD Archives - Page 8 of 35

August 08, 2024

Bitcoin (BTC/USD) Market Signals Bearish Continuation

Bitcoin Price Prediction – August 8 BTCUSD market signals a bearish continuation with downside targets below $50520. Following the conclusion of the ongoing upward retracement, the bearish trend might resume at the premium zone. The price has dropped below the 9-day Simple Moving Average (SMA) of $...

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August 02, 2024

Bitcoin (BTCUSD) Market Reverses Downward As Price Hits Major Trendline

Bitcoin Price Prediction – August 1 BTC/USD market reverses downward as price hits major trendline. Owing to the previous price actions around the major trendline, a change to a bearish move is likely to ensue. The BTCUSD pair currently shows a bearish trend, as evidenced by the indicators on the c...

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July 27, 2024

Bitcoin (BTC/USD) Market Retraces Amidst Bullish Order Flow

Bitcoin Price Prediction – July 25 BTC/USD market retraces amidst the overall bullish order flow on the daily chart. The retracement emerged after the price hit the diagonal resistance at the premium zone. The Simple Moving Average (SMA) line is positioned below the current price levels, indicating...

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July 19, 2024

Bitcoin (BTC/USD) Market Makes a Change Of Character to the Upside

Bitcoin Price Prediction – July 18 BTCUSD market makes a change of character to the upside, should the major trendline fail to hold the price in a downward direction, a more bullish breakout will likely ensue. The 9-day Simple Moving Average (SMA) is currently trending upward, indicating short-term...

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July 05, 2024

Bitcoin (BTC/USD) Market Approaches a Major Support at $56500

Bitcoin Price Prediction – July 4 BTCUSD market approaches a major support at $56500. The ongoing decline is likely to halt as the market becomes extremely oversold in the discount zone. The Moving Average (MA) Cross indicator with a 9-day and 21-day period indicates a recent bearish crossover. How...

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June 29, 2024

Bitcoin (BTC/USD) Market Sets for Upwards Pullback

Bitcoin Price Prediction – June 27 Bitcoin (BTCUSD) sets for an upward pullback with an accumulation. Technically, after an accumulation, a markup is expected. However, the overall trend remains bearish; this implies that the impending rally might last only for a short time. The 9-day Simple Moving...

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June 21, 2024

Bitcoin (BTC/USD) Market Continues Its Downward Trend

Bitcoin Price Prediction – June 20 BTCUSD market continues its downward trend as the price moves in fractals to the downside. The ongoing bearish wave began as the price bounced off the diagonal resistance from the premium zone. The BTCUSD chart presents a bearish outlook confirmed by several indic...

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June 14, 2024

Bitcoin (BTC/USD) Market Poises for Bullish Reversal

Bitcoin Price Prediction – June 13 Bitcoin (BTCUSD) market is poised for a bullish reversal as buyers anticipate the invalidation of the double top at $71980.00. The impending surge is, however, likely to begin as the consolidation ends in the bullish order block. The daily chart shows a bullish ou...

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June 07, 2024

Bitcoin (BTC/USD) Market is Ready to Continue Its Bullish Trajectory

Bitcoin Price Prediction – June 6 BTC/USD market is ready to continue its bullish trajectory as the price moves into a bullish order block. This recovery, nevertheless, is anticipated to come after a brief consolidation inside the order block. The SMA (Simple Moving Average), and the RSI (Relative ...

#BITCOIN #BTC #BTC/USD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis