BTC has breached its range bound behavior to the southwards New support and Resistance levels expected to be defined at $3990 ( resistance) and $3950 (support). Bearish Trend expected in the short term. The last 24 hours has seen Bitcoin stay below $4000. The crypto was trading in a range […]
Author: Dennis Wafula
Cryptocurrency Price Analysis and Prediction: Bitcoin, Ethereum and Litecoin
Market Summary: After a slight slump last week, the various cryptos are back on top with most candles turning green. This upward rally has positively impacted investor sentiments in digital coins. In the markets, most coins have been under sold, signaling the high hopes investors have in a Bullish outlook. In […]
Bitcoin Price – 3 Black Crows Set Stage for a Bearish Breakout
black crows set stage for bearish breakout Support levels set at 3800 The Bitcoin price has been bearish on the last few hours. The currency has broken support levels at 3860 to achieve new lows below the 3850 mark. BTC/USD had been in consolidation for a few days now. […]
Bitcoin Price Forecast Feb 21st: Consolidating Market Ideal for an Intra Range Strategy
The resistance levels of 4050-4100 on BTCUSD seem to hold as it is currently trading sideways. For the last few hours, the 7 day MA and the 21 day MA seem to be intertwined and this can only imply that the currency is currently consolidating. There hasn’t been any major […]
Bitcoin Price Analysis – BTCUSD Rallies to Achieve New High in the Last 24 Hours
BTC gains 7% in the last 24 hours Price breaks resistance level to achieve new high of 4000 New support levels set at 3760 After a period of consolidation, Bitcoin price finally managed to breach the resistance level of 3700 to achieve new highs and set new support levels. For […]