Archive for Tag: bitcoin trading

Bitcoin price

Bitcoin price indecisive as investors await Fed’s Wednesday announcement

The price of Bitcoin is up 0.11% at $38,551.41 on mid-Tuesday trades. Bitcoin price opened the month with a bullish candle gaining 2.20% on May 1, 2022, as it ended the previous month at $37,664.10. It opened this week with a bullish Doji candle, indicating indecisiveness among market participants,...

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Bitcoin price

Bitcoin exhibits a rare pattern, 50% drawdown possible

Bitcoin price is up 0.16% at $40,495.06 on mid-Tuesday trades. It finished, on Monday, above the $40,000 – level after prices went below this level the previous week. Bitcoin’s 20-week moving averages and 50-week moving averages (WMAs) have both started to slope downwards. While this might seem like a...

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bitcoin price cash technical analysis

BCHUSD (Bitcoin Cash) Price Chart, Forecast and Analysis

BCHUSD Technical Analysis: Weekly Chart In the weekly charts, BCHUSD is trading in a downward channel. It is trading below all SMAs: MA (5), MA (20), and MA (50). The immediate support is 278.664 and the resistance level is at 361.014 BCHUSD is trading in a downward channel until...

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