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Bitcoin Price Analysis: BTC Pushes All-time Highs and Tests Historic Resistance

Bitcoin Schmitcoin -
Bitcoin could see prices in the mid to upper $8,000s before any noticeable resistance stands in the way of the price growth.
MARKETS

Bitcoin Price Analysis: Market Correction Could See Lows of $5,800

Bitcoin Schmitcoin -
In our last discussion of the bitcoin market, an emphasis was placed on the $7,000 support level because it represented a historic point of...
MARKETS

Bitcoin Price Analysis: Bitcoin’s All-Time High Tests a Historic Reversal Point

Bitcoin Schmitcoin -
Bitcoin topped out its all-time high at the upper boundary of a macro, linear trendline. Historically, a test of this trendline has prompted a market correction — and it is likely that this trend will continue.
MARKETS

Bitcoin Price Analysis: Bitcoin’s Parabolic Envelope Could Push to $8000s

Bitcoin Schmitcoin -
The parabolic trend bitcoin has seen over the last two years is approaching a very aggressive level that could make bitcoin see aggressive price swings in the coming weeks.
MARKETS

Bitcoin Price Analysis: Signs of Divergence May Point to Potential Distribution Phase

Bitcoin Schmitcoin -
After bouncing back and forth from $5100 to $6100, BTC-USD managed to squeeze out one more (albeit short-lived) all-time high. This article is going...
MARKETS

Bitcoin Price Analysis: Potential Wyckoff Distribution May Spring New All-Time Highs

Bitcoin Schmitcoin -
A potential Wyckoff Distribution phase is under way as bitcoin continues to climb on shaky ground. Days after having a strong $1,000 climb and...
MARKETS

Bitcoin Price Analysis: Bitcoin Rally Shows Strength for Continued Growth

Bitcoin Schmitcoin -
Today, bitcoin reached a new all time high as it rose by $500 in just a few short hours. At the time of this...
MARKETS

Bitcoin Price Analysis: There May Still Be Some Life in These Exhausted Bulls

Bitcoin Schmitcoin -
Over the last week, the BTC-USD market has seen some major price swings. At one point, the price nearly reached $4500 only to see...
MARKETS

Bitcoin Price Analysis: BTC Makes New Highs as the Market Tests Historical Support

Bitcoin Schmitcoin -
Throughout the weekend and continuing into the early week, BTC-USD saw a strong rally that brought the price from $3500s to prices in the...
MARKETS

Bitcoin Price Analysis: Amid Continuing China Rumors, BTC Fails to Break Key Resistance

Bitcoin Schmitcoin -
When it rains, it pours. Last week, news began to hit the crypto community that China was taking harsh measures to reign in their...
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