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Price analysis

MARKETS

Why Does Bitcoin’s Price Make Random, Sudden Downward Moves?

Mimesis Capital -
The bitcoin market’s volatility is a well-cited aspect by naysayers—but what causes it?
MARKETS

Bitcoin Was Uncorrelated With Major Assets, Experienced Low Volatility in 2019

Colin Harper -
According to a report from cryptocurrency trading platform SFOX, bitcoin emerged from 2019 with low volatility and as an uncorrelated macro asset.
MARKETS

Bitcoin Price Analysis: Range-Bound Market Set for Bullish Continuation

Bitcoin Schmitcoin -
The consolidation within our current bitcoin price range is forming an ascending triangle with a $500 move to the upside and price target of around $10,000.
MARKETS

Bitcoin Price Analysis: Market Is Set for Deeper Tests

Bitcoin Schmitcoin -
If the market breaks support, the next logical level for the bitcoin price to test is at the $8,700s — the range that led to last week's massive breakout.
MARKETS

Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

Bitcoin Schmitcoin -
A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occurred this week was engulfed.
MARKETS

Bitcoin Price Analysis: Macro Level Breaks as Bearish Continuation Ensues

Bitcoin Schmitcoin -
The currently monthly bitcoin price level is below support and could potentially see lows as far down as $6,400.
MARKETS

Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support

Bitcoin Schmitcoin -
The bitcoin market over the last few days has been a series of grinding support/resistance tests that have brought us toward macro support at the $7,700s.
MARKETS

Bitcoin Price Analysis: Constant Supply Shows Signs of Market Weakness

Bitcoin Schmitcoin -
For now, the market is looking mid-term bearish and we will have to see how it handles a potential retest of the $7,700s.
MARKETS

Bitcoin Price Analysis: Breakout Gets Rejected as Supply Drowns Bulls

Bitcoin Magazine -
Last night, the bitcoin market saw a strong breakout get immediately rejected as selling pressure shoved the breakout down from $8,800 to $8,200s
MARKETS

Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

Bitcoin Schmitcoin -
The bitcoin price is experiencing a strong rally that has us testing the strength of the $8,300 resistance level.
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