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Bitcoin Price Analysis: BTC/USD Trends of January 14–20, 2019

Photo: QuoteInspectorKey Highlights:Bitcoin price broke out of the ranging movement;the Bulls lost the momentum on the 4-Hour chart;there is a probability for further declination of BTC price.BTC/USD Long-term Trend: BearishResistance levels: $3,679, $4,249, $4,715Support levels: $3,247, $2,765, $1,956BTC/USD broke out the ranging phase on the long-term outlook. The cryptocurrency

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Bitcoin Price Analysis: BTC/USD Trends of January 7–13, 2019

Photo: QuoteInspectorKey Highlights:Bitcoin price remains on sideways movement within the range;the bulls pushed up the BTC price towards $4,249 price level;the break out is imminent on the BTC market.BTC/USD Long-term Trend: RangingResistance levels: $4,249, $4,715, $5,424Support levels: $3,679, $3,247, $2,765The cryptocurrency remains on the consolidating phase on the long-term

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Bitcoin Price Analysis: BTC/USD Trends of December 24–30, 2018

Photo: QuoteInspectorKey Highlights:There was a bullish break out;bears lost control over Bitcoin market;the bulls were in charge of the BTC market.BTC/USD Long-term Trend: BullishResistance levels: $4,716 $5,447, $6,281Support levels: $4,224, $3,649, $3,209BTC/USD experienced a bullish rally as it was predicted last week. There was a bullish candle that broke

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Bitcoin Price Analysis: BTC/USD Trends of December 17–23, 2018

Photo: QuoteInspectorKey Highlights:Consolidation is ongoing;bears were still in control of Bitcoin market;break out is imminent;BTC/USD Long-term Trend: RangingResistance levels: $3,726, $4,426, $5,070Support levels: $3,094, $2,261, $1,500The cryptocurrency continues the ranging movement on the long-term outlook; the sideways movement of BTC price is not yet over as long as the

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Bitcoin Price Analysis: BTC/USD Trends of December 10–16, 2018

Photo: QuoteInspectorKey Highlights:Traders should remain flat;bulls may take over the Bitcoin market in case there is a breakout above $3,726;break out is imminent.BTC/USD Long-term Trend: RangingResistance levels: $3,726, $4,426, $5,070Support levels: $3,094, $2,261, $1,500BTC/USD is ranging on the long-term outlook; the cryptocurrency started sideways movement on November 24 within

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Bitcoin Price Eyes Support at $3,000 as BTC/USD Sets New Yearly Low

The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated

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