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While Others Waited, One Whale Quietly Bought $64 Million in BTC

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August 22, 2024

Bitcoin (BTC/USD) Market Likely to Resume Overall Bearish Trend 

Bitcoin Price Prediction – August 22 BTCUSD market likely to resume overall bearish trend. This projection aligns with the previous price actions around the 68% Fibonacci retracement level at $62000 resistance. The 9-period simple moving average (SMA) currently sits at approximately $59340, and the...
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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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