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Bitcoin ‘Burj Khalifa’ fakeout repeats as BTC price spikes to $31K

Bitcoin (BTC) staged a fresh breakout attempt into July 11 as the battle for yearly highs stayed hot.BTC/USD 1-hour chart. Source: TradingView$31,000 reappears in BTC price “leverage crunch”Data from Cointelegraph Markets Pro and TradingView showed BTC price briefly passing $31,000 before the July 10 daily close.In a copycat move, seemingly

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Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts

Bitcoin (BTC) set new nine-month highs overnight on March 30 as traders continued to stay cautious.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Deviation” takes BTC’s price closer to $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $29,170 on Bitstamp.A rejection entered almost immediately, sending the pair back to

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3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near-10.5% surge that began a day earlier.The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down the Fed's prevailing tightening spree. This prompted some Bitcoin analysts to predict short-term upside continuation, with pseudonymous analyst CryptoHamster

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Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout

Hope springs eternal for many crypto investors after the market saw positive price movement on July 7, alongside gains in the traditional market. Daily cryptocurrency market performance. Source: Coin360The green day in the markets comes amid a backdrop of increasing jobless claims in the U.S., which is a possible signal that

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Bitcoin sellers keep BTC price action in check amid $45K ‘fakeout’ warning

Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin fakeouts: Third time's the charm?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around $44,500 Saturday, preserving the lion's share of the

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Bitcoin calls traders’ bluff with fresh $40K fakeout as Fed decision day arrives

Bitcoin (BTC) tested traders' neves yet again on March 16 as a fresh spike over $40,000 ended in minutes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts feel the burn after abrupt trip to $41,700Data from Cryptox Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp — before

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