Bitcoin Price Correction Deepens; Weekly Close Looks Bearish

The Bitcoin price pullback which began at the end of last week has accelerated this Monday morning despite a relatively stable weekend. The weekly candle has closed off with a bearish signal indicating further losses could be coming. Bitcoin Price Doji Turns Bearish Bitcoin price has been in decline for the past 24 hours following […]

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Bitcoin Price Analysis: Weekly TA Reveals Bulls Under Pressure

As Bitcoin closed the week on another ‘Bloody Sunday’ candle, which dropped to new 2019 lows, making yet another painful yet somewhat predictable reversal, we take a look at the price action and try to establish what we should be looking for with the week ahead.    Weekly Bitcoin price 00 closed the week at […]

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Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Bitcoin Price Analysis: Did We Just Get a Reversal Sign?

Not much has changed with Bitcoin price since yesterday as it stayed within a $50 range. We are in a rising wedge on the short term while it’s having some difficulty breaking through the Fibonacci levels. On the fence Even still, this area for BTC price 00 is a no-trade zone for the most part due to the low volatility and […]

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