Bitcoin (BTC) price analysis Aiming to provide accurate and actionable information to its broad reader base, NewsBTC delivers regular bitcoin analysis made by seasoned experts in the field. The benefits of bitcoin technical analysis are plentiful. Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move. I think most important shape here is triangle. This pattern require patience from the players and need to understand it's nature. First of all all triangle shapes it is a consolidation period. 2 days ago · Bitcoin chart by TradingView Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is .
Btc trade analysisBitcoin (BTC) technical analysis and price forecast
But unlike other assets, the top cryptocurrency has grown enormously since, and become the best However, looking more closely at Bitcoin is well above its former all-time high, but the "alt season" where altcoins explode in value relative to the top-ranked cryptocurrency has yet to arrive. BTC dominance, a metric Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Advertise Submit a Press Release. Load More. Premium Partners. Top Brokers. Top Casinos. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target.
If we close above , we can expect BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance.
Next resistance In this scenario, Bitcoin may have topped for the year. It was developed by our experts for intraday trading purposes. What does this Videos only. Will History Repeat itself? Wyckoff Distribution says Bitcoin will go down,don't get trapped.
Remember you heard it here first! Breakout Imminent!!! Bitcoin potential breakout from triangle. Update on previous idea. Bitcoin reached nearest resistance