Chart of the Day


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$100K Bitcoin Blocked By Monster Sell Wall

A sizeable well wall is blocking Bitcoin from breaching the $100,000 threshold, despite the bullish frenzy for the largest cryptocurrency by market cap. CoinDesk's Christine Lee explains on "Chart of the Day."

$100K Bitcoin Blocked By Monster Sell Wall

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Could Bitcoin Drop to $50K?

Bitcoin has carved out a double-top price pattern, signaling a potential bearish trend. 10x Research founder, Markus Thielen said, "Technically, bitcoin appears to follow a double top formation, whereas the support level is being tested. This chart formation should be our base case unless it becomes invalidated. This formation could easily see a drop to $50,000— if not $45,000." Watch CoinDesk's Jennifer Sanasie unpack this data on "Chart of the Day."

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Long-Term Bitcoin Investors HODL as Speculator Selling Drives Prices Lower: Coinbase

Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin 'Bear Flag' Hints at Downside Risk

The emergence of a "bear flag" pattern on bitcoin's daily chart suggests downside risk ahead, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest

Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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How Low Will Bitcoin Go?

U.S. President Donald Trump’s commitment to tariffs wipes $300 billion from the crypto market and over $8 trillion from global stocks, since they were announced last week. After bitcoin fell below $75,000 Monday, CoinDesk's Christine Lee explores how low bitcoin can go under current market conditions on "Chart of the Day."

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