Technical Analysis
Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline
The breakout is backed by a pickup in volumes and accumulation by so-called whales.
Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform
Bitcoin is outperforming on hopes of a U.S. ETF approval.
Bitcoin Approaching Resistance Near $52K, Support Between $48K-$50K
Pullbacks appear to be limited given a series of breakouts over the past week.
Bitcoin Rises to $50K, Next Resistance Around $52K-$55K
A decisive breakout above $50,000 could yield further upside toward the all-time high near $60,000, unless buyers start taking profits.
Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval
Analysts expect that approval to fuel a fourth-quarter crypto rally.
Bitcoin Declines From $48K Resistance; Support at $45K
Short-term indicators show bitcoin is overbought.
Bitcoin Rising Toward $45K Resistance, Support at $40K
Downside momentum is starting to wane after a volatile month.
Bitcoin Consolidates Above $40K Support, Resistance at $45K
Indicators show a period of consolidation could persist given strong resistance above $45K.
Bitcoin Declines From Resistance, Approaches $40K Support
The intermediate-term trend is weakening, although support at $40K could stabilize the pullback.
