Archive for Tag: Cryptocurrency Bitcoin

BCHUSD Price Chart Technical Analysis

BCHUSD (Bitcoin Cash) Price Chart Technical Analysis and News

BCHUSD Technical Analysis: Weekly Chart In the weekly charts, BCHUSD is trading within a descending triangle. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness. The immediate support...

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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

Bitcoin climbs above $40,000 as traders buy the dip

Bitcoin price is up 2.08% at $40,360.12 in the early Monday session. The price of Bitcoin collapsed on Monday, plummeting 6.24%, closing below the $40,000-mark at $39,535.87. In almost two months, this decline is the most, following global stock indices. BTC plummeted under the 50-day moving average dashing hopes...

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Bitcoin Technical Analysis

Bitcoin Technical Analysis & Trading Suggestions

BITCOIN  Price Technical Analysis: Weekly Chart In the weekly charts, Bitcoin is trading in a downward channel. Bitcoin is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Bitcoin will follow a downtrend in the coming weeks. Bitcoin’s...

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Bitcoin Technical Analysis

Bitcoin Technical Analysis & Trading Signals

BITCOIN  Price Technical Analysis: Weekly Chart In the weekly charts, Bitcoin is trading in a downward channel. Bitcoin  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Bitcoin  will follow a downtrend in the coming weeks. Bitcoin...

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Bitcoin Technical Analysis

Bitcoin Technical Analysis & Signals

Bitcoin Price Technical Analysis: Weekly Chart In the weekly charts, Bitcoin is trading in a downward channel. Bitcoin is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Bitcoin will follow a downtrend in the coming weeks. Bitcoin’s crucial...

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