CatalystsFinance

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the bitcoin price falling below $30,000. The bears did not have a long term hold below the $30,000 level. Buyers found the price of $29,000 to $30,000 to be very good to buy bitcoin. This was followed by a sharp pullback up to $35,000. The price movement was well within the support and resistance...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the downward movement of bitcoin price at the breakout of $35,000. Since then there was a fakeout above $38,000, the price was rising to $40,000. After that, a progressive downward movement began. At the moment we are at the global support zone of $30,000. MACD, RSI and OBV indicators are in the red...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the triangle pattern formed by the bitcoin price. In the following days, bitcoin price moved within the triangle pattern. This suggests that the bulls are trying to take bitcoin price down from the triangle, their next target will be $35,200 and $33,000. The volatility movement in the bitcoin...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the decline in volatility in the bitcoin market, as well as bulls and bears targets. Since then, the bulls have attempted to consolidate above $38,000, but they have not been able to stay above it for long. Bitcoin's current price is $36,500 to $37,000 and it has fallen back into the $36,000 to...

CatalystsFinance

Hello, dear subscribers! Since the previous review, the price of bitcoin has ranged between $32,000 and $40,000. Bitcoin price volatility is gradually decreasing, which is a sign of an upcoming strong price movement. The current range is $36,000 - $38,000. Price fixing outside this range will indicate an advantage for buyers or sellers. In the meantime,...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the bearish trend in the bitcoin market. Since then, bitcoin price took a breakdown to $30,000 before recovering to $42,000. Such price movements have taken either big losses or big gains. Now traders are worried about the question: what will happen next? At the moment, bitcoin price is trading...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the bitcoin price decline as the most likely course of action in the bitcoin market. Since then, the bitcoin price has dropped from the $57,000 level to $42,200 and is now trading around $44,500. Current levels at the moment are support at $42,000 and $40,000 and resistance at $47,500 and $51,000....

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the uptrend in the bitcoin market. Since then, the price rose from $54,600 to $59,500 and rolled back to $55,800. On the OBV indicator, we saw a pullback from the 2.10M resistance level, which shows the dominance of bears in the market. So far, they have succeeded in starting the bitcoin price...

CatalystsFinance

Hello, dear subscribers! In the previous review, we marked the local uptrend in the bitcoin market and the price range of bitcoin price movement. Since then, bitcoin price has reached prices of 56,428 and 52,330, which matches the established price range. But neither the bulls nor the bears have been able to get above or below the price range. The growth took...

CatalystsFinance

Hello, dear subscribers! In the previous review, we marked the current support and resistance levels in the bitcoin market. Currently, the bulls got the levels of $51,000 and $53,000 and the bitcoin price is above $53,000. What will happen next? Bitcoin is in the $53,000 - $56,000 range and according to the MACD and RSI indicators we see a confident rising...

CatalystsFinance

Hello, dear subscribers! In the previous review, we pointed to the break of important support - 2.15M OBV indicator as a signal of the upcoming bitcoin price drop. This prediction has come true. It also indicates that the bitcoin market has moved from a growth phase to a decline phase. The downside target in the previous review was designated as $45,000. So...

CatalystsFinance

Hello, dear subscribers! In the previous review, we considered the main case scenarios in the bitcoin market. The bears successfully took the initiative, the resistance of $61,000 and $59,200 were broken through, after which the price rapidly fell to $50,931. This was followed by the correction, in which the bitcoin price is currently. At the same time, there...

CatalystsFinance

Hello, dear bulls and subscribers! In the previous review, we looked at the bulls' return to the bitcoin market. In the following days, the buyers developed their advantage by updating the historical maximum of bitcoin price - $64,854. The current bitcoin price is at $61,200 and there is a correction in the bitcoin market. MACD and RSI indicators are...

CatalystsFinance

Hello, dear subscribers! In the previous analysis, we considered the breakdown of the important level of the OBV indicator in the bitcoin market. Since then the bulls managed to intercept the initiative and raise the value of OBV above the level of 2.15M. But the fighting for the level is still going on and the bears don't want to admit defeat. In the next few...

CatalystsFinance

Hello, dear subscribers! In the previous and other reviews we have repeatedly analyzed the meaning of the OBV indicator. We have marked the important support for the buyers - 2.15M. In the days following the last bitcoin market review, the sellers managed to break down important support for the buyers. The bitcoin price corrected from $59,500 to $55,500 in...

CatalystsFinance

Hello, dear subscribers! In the previous review we defined the important level of $58,000 for buyers and sellers. In the following days, the sellers managed to bring the bitcoin price below $58,000, to $56,400. Bitcoin price is in a wide corridor between $56,000 and $60,000 and if the price is above $58,000, then the bulls have a stronger influence, if below,...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at two options for bitcoin price movement after exiting the downward channel. In the following days, the bulls managed to consolidate above $58,000. Currently, the price is in the $58,000-$60,000 zone. In order to develop a full-fledged growth, the buyers need to consolidate above the important...

CatalystsFinance

Hello, dear subscribers! In previous reviews we marked the $58,000 level as important for the bulls. Fixing above it will give the bulls a chance to continue the full-fledged uptrend. In the past days, we have seen an active growth of bitcoin from the support level 1 - $51,500 - $52,000. Today, bitcoin price got close to 58,000 and broke through the downward...