Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone.
Bitcoin climbed further higher above $44,000 before it faced sellers.
The price is trading near $42,750 and the 100 hourly simple moving average.
There was a break below BitcoinBullsCorrectiveDecreaseLossesPriceprotectStarts Read More
Bitcoin price in a flash found itself below $50,000, only weeks after the top cryptocurrency set a higher high. End of year price targets for $100,000 or much higher are now no longer within striking distance, thanks to a rare bull market corrective pattern that few saw coming.
But although Bitcoin BullCorrectiveExaminingMarketPatternRare Read More
Bitcoin started a downside correction from the $55,700 zone against the US Dollar. BTC is correcting lower, but dips remain supported near $53,000 and $53,200.
Bitcoin started a downside correction from well above the $55,500 level.
The price is now trading above $53,000 and the 100 hourly simple moving average.
There was a 53KBitcoinCorrectiveDecreaseHoldsKeyStarts Read More
Ethereum traded to a new all-time high near $1,750 before correcting lower against the US Dollar. ETH price is likely to find a strong support near $1,500.
ETH price traded to a new all-time high at $1,750 before it corrected lower against the US Dollar.
The price is trading below $1,650, but AttractiveCorrectiveDecreaseETHEthereumRemainsStarts Read More
Chainlink was among the first cryptocurrency to set a new all-time high in 2020, but given its absence during the 2017 peak was facing different circumstances and no overhead resistance. The altcoin was nearly unaffected entirely by the bear market over the last couple of years, breaking record after record.
However, bearishChainLinkCorrectivedivergenceHintsMajorPhase Read More
Ethereum formed a short-term top near $620 and started a sharp decline against the US Dollar. ETH price CorrectiveDecreaseEthereumLimitedRecoveryStarts Read More
Bitcoin price traded to a new multi-month high close to $16,500 against the US Dollar. BTC is now BitcoinCorrectiveDecreaseKeySignalingStart Read More
Bitcoin price traded to a new multi-month high near $15,970 before correcting lower against the US Dollar. BTC BitcoinClearsCorrectiveDecreaseRallyStarts Read More
Bitcoin price started a downside correction after rallying to a new 2020 high near $8,460 against the US Dollar. BTC corrected $500, but the price is still above many key supports.Bitcoin failed to continue above $8,500 and started a downside correction against the US Dollar.There was a significant correction below BitcoinBullsCorrectiveDecreaseStartsWoods Read More
Ethereum is currently correcting higher from the $132 low against the US Dollar.Bitcoin price is also recovering and it is now trading above the $7,000 level.Yesterday’s major bearish trend line was breached with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken).The price is likely to CorrectiveDowntrendETHEthereumIncreaseIntact Read More