Past Performance of Bitcoin Bitcoin prices rebounded strongly on April 18, reversing losses the previous day. With the bounce, the coin is back to a bullish formation. However, there needs to be an assurance that comes with a high volume close above $31k. Only then will BTC likely float higher, aligning with the anchor bull bar of April 10 that defines the...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It is a one-way long position strategy. For those of you who have been holding long since yesterday, I think it...
Past Performance of Bitcoin Bitcoin prices are melting at spot rates. The disintegration of April 17 is noticeable and wide-ranging. Since it is a bearish engulfing bar, dropping below April 10 bull bar with decent participation, the bullish preview has been nullified, and sellers appear to be in control. This follows the consolidation and divergence from the...
Past Performance of Bitcoin Bitcoin prices remain higher when writing, steadying above $30k as buyers soak in selling pressure on April 14. Then, bears were in control as a pin bar formed. Looking at the chart, the failure of buyers to press lower on April 15 and 16 below $30k means the uptrend momentum is high. There could be more gains towards $32k and $35k in...
Past Performance of Bitcoin Bitcoin broke off higher on April 13, looking at the performance in the daily chart. Overall, the uptrend remains. Prices are trending above $30k, a psychological level. Support remains at FWB:29K , marking March highs. Since BTC is within a bullish breakout formation above the rising channel, every dip may offer entries for...
Past Performance of Bitcoin The daily chart shows that Bitcoin prices are higher but remain under pressure. For example, on April 12, prices were generally lower, around the $30k level. Even so, the uptrend remains, and the bullish breakout pattern set in motion on April 10 is still valid. Accordingly, as long as prices are above FWB:29K , buyers have the upper...
Past Performance of Bitcoin After roughly three weeks of sideways movement, Bitcoin prices broke higher on April 10. There are hints of strength, reading from the performance in the daily chart. Per the current layout, traders can look to load the dips and align with the primary trend established in Q1 2023. Currently, bulls have broken above the resistance at...
Past Performance of Bitcoin Bitcoin prices are relatively lower when writing, reading from the performance in the daily chart. Even though the buyers have the upper hand, the failure of prices to edge higher over the weekend should be a concern. Already, candlestick arrangement and volume analysis show that momentum is waning. However, while this exists, it is...
Past Performance of Bitcoin Bitcoin prices are drab when writing, confined within a tight trade range at around $28k. This is despite the primary trend being bullish. As it is, traders should wait for a clear trend definition before aligning with the emerging trend. Until there is a sharp, high volume close above $29k, bears might flow back and press prices...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It's a one-way neutral strategy. Because of the recent Nasdaq move Analysis is difficult because of the large...
Past Performance of Bitcoin Bitcoin prices remain firm at spot rates but flat in lower time frames. Even though traders are upbeat, wanting BTC to push higher to new territories, the coin's failure to break above immediate resistance lines is challenging. The coin has a liquidation line at $29k, marking March highs. On the lower end, support is at around $26.6k,...
Past Performance of Bitcoin Bitcoin prices are volatile when writing and within a consolidation defined by a rising channel with mixed bars and tapering upside momentum. The overall trend, from the medium to long term, is bullish. This could change should there be a sell-off confirming bears of early this week. The uptrend remains provided prices are trending...
Past Performance of Bitcoin Bitcoin prices are relatively steady when writing, tethered to $28k, but the uptrend remains. Even though buyers are upbeat, the failure of buyers to push above the immediate resistance level at $29k is a concern. As laid out before, whether BTC will rally or dump depends on the reaction at $29k, marking Q1 2023 highs; and $26.6k in...
Past Performance of Bitcoin Bitcoin prices are firm, at least from the top-down preview. However, in the immediate term, the coin is struggling to cover more ground. From the daily chart, there are lower lows relative to the upper BB, suggesting waning upside momentum. For the uptrend to remain, the coin should rally above $29k. On the lower end, losses below...
Past Performance of Bitcoin After temporarily floating above $29k, registering Q1 2023 highs at around $29.1k, Bitcoin prices shrunk yesterday. At the end of the day, there was a long upper wick pointing to intense liquidation in lower time frames. At spot rates, BTC is below $28k but within the March 29 trade range, a development that can support prices. ...
Past Performance of Bitcoin Earlier today, Bitcoin broke above the recent consolidation, reaching Q1 2023 highs of around $29.1k. The leg up was in confirmation of yesterday's rejection of bears, a net positive for optimistic bulls. As it is, traders can search for entries on every attempt lower towards March 29 lows with targets at $30k and $32k. #Bitcoin...
Past Performance of Bitcoin Bitcoin prices are mostly stable when writing, looking at the general performance in the daily chart. Even though the coin has been under pressure in recent days, the failure of bears to push harder on March 28 means buyers have a chance. Still, how prices react between $26.6k and $29k would shape the coin's short to medium term...
Past Performance of Bitcoin On March 27, Bitcoin prices fell below the rising channel, retesting $26.6k and last week’s lows. Even though the primary trend remains northwards, the upward momentum is tapering, and sellers are likely to press lower in the days ahead. As it is, traders can watch closely whether prices will dump, aligning with the losses of March...