TAG: btcvideo
Bitcoin Price Forecast – Bitcoin Drops Back Into Consolidation
Bitcoin Technical AnalysisBitcoin has sold off rather drastically on Tuesday, but at the end of the day, it probably doesn’t change much. Ultimately, this is a market that had gotten way too ahead of itself with all the money flowing into the ETF. And the...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Buying
Bitcoin Technical AnalysisBitcoin rallied rather significantly during the trading session on Monday, and it looks to me like we are just simply hanging around and trying to break through this massive resistance barrier above. I think eventually we will tr...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to Threaten a Move Higher
Bitcoin Technical AnalysisYou can see that we did fall pretty hard early in the session, but it looks like we have more buy-on-the-dip behavior out there. With that being the case, I do think it’s probably only a matter of time before we take off again, w...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to Look For Support in Consolidation
Bitcoin Technical AnalysisThe Bitcoin market has gone back and forth in the early hours on Wednesday as we are just hanging around and trying to sort out where to go next. With that being said, it looks to me very much like a market that when we do dip, t...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Buyers
Bitcoin Technical AnalysisYou can see that Bitcoin has shown itself to be rather bullish over quite some time here. Ultimately, this is a market that recently has been consolidating, but making higher lows, suggesting that there is more and more pressure...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Choppiness
Bitcoin Technical AnalysisThis really isn’t a huge surprise as we continue to consolidate in general. But at this point in time, it looks like Bitcoin is going to continue to go back and forth looking for buying opportunities on the dip. This is a market...
6 months ago
Bitcoin Weekly Price Forecast – Bitcoin Continues to Consolidate Overall
Bitcoin Weekly Technical AnalysisTaking a look at the Bitcoin market you can see that we’ve gone back and forth during the course of the trading week. And in general, I think you’ve got a situation where we have a lot of noisy behavior, but I think we hav...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Support
Bitcoin Technical AnalysisThe Bitcoin market rallied rather significantly during the trading session on Monday, as it looks like the 50 day EMA underneath is offering a bit of support. That being said, this is a market that had to deal with a lot of conce...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Support
Bitcoin Technical AnalysisBitcoin has initially fell during the trading session on Tuesday but found the 50 day EMA to be somewhat supportive. And therefore, it looks like we are turning around to take off to the upside again. The $60,000 level sits just...
6 months ago
Bitcoin Price Forecast – Bitcoin Continues to Look Sluggish
Bitcoin Technical AnalysisBitcoin initially tried to rally a bit during the trading session on Wednesday. But it looks like we’re just going to continue to bounce around the bottom of consolidation. This is a market that looks somewhat miserable at this p...
5 months ago
Bitcoin Price Forecast – Bitcoin Continues to Attempt a Bounce
Bitcoin Technical AnalysisYou can see that Bitcoin has bounced a bit during the trading session here on Thursday as we continue to test the $60,000 level for support. In general, if we can continue to bounce from here, then I think we could very well turn...
5 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Support
Bitcoin Technical AnalysisThe bitcoin market initially plunged overnight as the Israelis hit the Iranians with some type of strike, but it has since been acknowledged that it wasn’t necessarily a huge one. And it looks like quite a bit of restraint has be...
5 months ago
Bitcoin Weekly Price Forecast – Bitcoin Continues to Find Buyers
Bitcoin Weekly Technical AnalysisBitcoin has spent most of the week falling but has turned around to show signs of life at the $60,000 level. This is an area that has a lot of psychology attached to it, and it’s worth noting that we have recovered after i...
5 months ago
Bitcoin Price Forecast – Bitcoin Continues to See Upward Pressure
Bitcoin Technical AnalysisThe Bitcoin market rallied a bit during the early hours on Monday and therefore it looks like we are going to continue to see a lot of the back and forth and noise that we have been in for some time. With that being the case, the...
5 months ago