Past Performance of Bitcoin Bitcoin is down from recent highs and steady when writing. From the daily chart, prices remain in a tight consolidation, marking the general state of affairs over the weekend. As it is, the failure of buyers to reverse losses and push higher indicates that bears are still in control. Most importantly for traders, the February 9 bear...
Past Performance of Bitcoin Bitcoin prices fell on February 9, candlestick arrangement reveals. The coin is down three percent in the last trading day and eight percent in the previous week. The trend is shifting, favoring sellers after a strong performance from mid-December 2022. #Bitcoin Technical Analysis Bitcoin prices fell yesterday, dropping below the...
Past Performance of Bitcoin Bitcoin prices are volatile at spot rates, reading from the performance in the daily chart. Prices edged lower yesterday, only for bullish pressure to develop during the New York session. Overall, buyers stand a chance, provided prices are inside the bull flag. In the days ahead, traders can watch how prices react either above$24k or...
Past Performance of Bitcoin Bitcoin prices are stable at spot rates, steady inside a bull flag as demand for the coin during the New York session supported prices. With the dynamic support line by the middle BB still vital in shaping BTC's short to medium-term formation, traders may look for entries on break out. Any surge above the bull flag may see the coin...
Past Performance of Bitcoin Bitcoin is firm, and buyers appear to be soaking in selling pressure, reading from the BTC price action in the daily chart. BTC is trading above the middle BB and $22.5k, the immediate support level. As it is, aggressive traders can load on dips. However, conservative traders can wait for prices to tear above the bull flag and $24k...
Past Performance of Bitcoin Bitcoin is relatively low, dropping on the last trading day as the upside momentum fades. The coin is down six percent from last week's highs. At yesterday's pace, BTC may post more losses in the days ahead. However, the drawdown could be accelerated should there be losses below $22.5k as BTC melts below January 30 lows. #Bitcoin...
Past Performance of Bitcoin Bitcoin prices might be consolidating in the first few days of February. However, the coin is up roughly 50% from January lows. The token remains in a bullish formation, and there could be more upsides, despite the current rejection. As it is, the immediate resistance is at $24k, while buyers must keep prices above $22.5k for the...
Past Performance of Bitcoin Bitcoin prices stabilized on February 1, initially dumping before pumping in the New York session. Besides technical factors, macroeconomic elements are in play following the decision by the FED to increase rates as expected to 4.75%. Bitcoin remains firm, and the coin may break above $24k in buy trend continuation, shaking off losses...
Past Performance of Bitcoin Bitcoin is firm when writing, looking at the performance in the daily chart. There were concerns that the coin could edge lower after the sharp correction on January 30. However, per the chart, BTC is relatively steady, and bulls managed to soak in selling pressure yesterday. Whether this could be a precursor for more gains is yet to...
Past Performance of Bitcoin The near 50 percent rally from Q4 2022 lows might be coming to an end, reading from the current price performance. Bitcoin prices recoiled from around $24k, sharply reversing January 29 gains and forcing the coin lower. Even though the $22.5k support remains intact, the spike in selling volumes yesterday could point to weakness. ...
Past Performance of Bitcoin Bitcoin prices are higher when writing, trading above the $23.5k level and on a bullish path. The BTC candlestick arrangement in the daily chart shows that the immediate support is at $22.5k, marking the consolidation from January 21. The alignment with the formation of the better part of January solidifies bulls' confidence and may...
Past Performance of Bitcoin Bitcoin prices are firm at spot rates, relatively stable in the last trading day, and within a bullish formation. Although yesterday was lower, the coin is above immediate support at $21.5k and $22k zone, an indicator of strength. Traders should watch out for how BTC pushes and close above $23.3k, confirming January 20 gains. ...
Past Performance of Bitcoin Bitcoin prices are steady at spot rates, up in the past two weeks but flat in the past few days. Even though the uptrend is valid, the accompanying momentum is a concern. From the daily chart, buyers have failed to follow through, confirming gains of January 20. BTC must clear this week's highs at around $23.3k to validate the trend...
Past Performance of Bitcoin Bitcoin may be on a solid uptrend, but the momentum is fizzling. Buyers remain in charge but whether gains will be as rapid as in the past ten days remains to be seen. Notably, resistance remains at $23.3k and needs to be broken for the upswing to be valid. Technically, support remains at $21.5k, and as long as prices are above this...
Past Performance of Bitcoin Bitcoin has added eight percent in four days, staying clear within a bullish formation, and buyers expect even more. The rejection of lower prices on January 23 meant BTC remains within a bullish course above $21.5k. Presently, the January 18 bull bar guides the uptrend, reaffirming the presence of buyers. #Bitcoin Technical Analysis...
Past Performance of Bitcoin Bitcoin added roughly 10 percent over the weekend, reading from the performance in the daily chart. The coin is within a bullish formation, trending above $21.5k and firm. It is an indicator that buyers are in control, and every low could, technically, offer an opportunity to double down. #Bitcoin Technical Analysis BTC is within a...
Past Performance of Bitcoin The second half of the week for Bitcoin has been hot and cold. From the daily chart, the coin is within a bullish formation as the sparks of January 18 pushed the coin higher, reigniting demand. At spot rates, BTC is higher, within a bullish formation, and likely to spring towards registering new Q1 2023 highs. #Bitcoin Technical...
Past Performance of Bitcoin Bitcoin prices are flat-lining and lower at spot rates. After welcomed gains early last week, there could be signals of fizzling upsides. Still, the uptrend remains, and the inevitable correction may offer traders an opportunity to accumulate in lower time frames. The buy trigger is around $21.5k, while support is around $20k, marking...