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TerryKinder TerryKinder BTCUSD, W,
BTCUSD: Bitcoin Weekly Technical Indicators Weak
254 4 2
BTCUSD, W
Bitcoin Weekly Technical Indicators Weak

Bitcoin, on a weekly basis, looking weak, but still has room to fall. MACD, Premier Stochastic Oscillator, Vervoort Smoothed Oscillator, KDJ, and Ehlers Smoothed Stochastic & RSI with Roofing Filters all are bearish. I am especially watch KDJ as its strong movement down makes it look like Bitcoin price could make another run at $340 or below. None of these ...

TerryKinder TerryKinder BTCUSD, W,
BTCUSD: Bitcoin Falls Out of Price Channel as Weekly Indicators Decline
400 3 3
BTCUSD, W
Bitcoin Falls Out of Price Channel as Weekly Indicators Decline

There has been quite a bit of discussion about Bitcoin and the direction of price. Based on the weekly chart it should become apparent that until the weekly indicators turn up, Bitcoin will have difficult gaining any price altitude. In addition, Bitcoin has fallen out of the price channel formed back in April based on the pivot low of $339.79. The only ...

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