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New TradingView data reveals bitcoin crossed its 50-day moving average earlier this week at the $42,500 price level and has stayed above it since. Continuation of this price movement would imply strength and set bitcoin for a move toward $49,000 as it sees institutional demand.

Feb 10, 2022

Bitcoin broke key resistance levels related to the “volume weighted average price,” or VWAP, a tool that calculates the average price a security has traded at throughout the day using both price and volume. Could bitcoin have room for further gains? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Feb 8, 2022

New data from CoinShares reveals inflows into crypto funds quadrupled last week to $85 million, a sign of positive sentiment among investors as bitcoin’s price climbed back above $40,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Feb 7, 2022

January’s spot trading volume for the crypto market across major exchanges reached their lowest level since December 2020. Still, bitcoin topped $40,000 for the first time in two weeks Friday after dipping. Is this an end to the bear market? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Feb 4, 2022

Bitcoin is staring at a support level of $35,500 after failing to penetrate critical technical resistance connecting highs reached in November and January, according to CoinDesk’s Omkar Godbole. The next support level is around $33,000, the low reached on Jan. 24. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Feb 3, 2022

Bitcoin’s long-term bullish outlook is in danger of being invalidated on technical charts as BTC reels under selling pressure, stemming from adverse macro factors. Its monthly moving average convergence divergence (MACD) histogram has crossed below zero, a so-called sell signal, indicating a bullish-to-bearish trend change on the longer duration price chart.

Feb 1, 2022

Crypto investors seem to have stepped up bitcoin accumulation, shrugging off prospects of faster interest-rate hikes from the U.S. Federal Reserve. More than 18,000 bitcoin worth $670 million left centralized exchanges Thursday, registering the biggest single-day net outflow in over a month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Jan 28, 2022

Bitcoin continues to remain in sell-off mode descending below the key psychological $40,000 resistance level, and spiraling further still. The key to sustainable bitcoin price recovery is renewed institutional participation, which remains elusive.

Jan 21, 2022

Bitcoin and traditional market risk assets remain under pressure as bond yields continue to rise on expectations of earlier and quicker rate hikes by the U.S. Federal Reserve. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Jan 20, 2022

Bitcoin bounced up after dipping below $42,000 Friday, tracking losses in U.S. stock futures. New data reveal the premium in the one-month BTC futures listed on the Chicago Mercantile Exchange (CME) almost flipped to a discount. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Jan 14, 2022