Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.


Markets

Market Wrap: Bitcoin Rises as Traders Accumulate Positions

Sentiment is improving as traders eye positive technical indicators.

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Markets

Bitcoin in Recovery Mode, Resistance at $48K-$50K

Upside appears to be limited towards $50,000.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Returns to Above $46K Even as Indicator Shows Crypto Fear

Bitcoin is in recovery mode as the Fear & Greed Index enters the fear zone; analysts eye regulatory developments.

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Markets

Bitcoin Stabilizes; Faces Resistance at $48K-$50K

Upside appears limited as bitcoin consolidates near support.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Bitcoin Dips Below $46K, Support Around $42K

Upside appears to be limited given signs of slowing momentum.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise

Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Stalls at Support, Resistance at $50K

Upside momentum is slowing into the weekend, which can limit price rises.

Bitcoin daily price chart shows support and resistance levels.

Markets

Bitcoin Rangebound Ahead of $48K-$50K Resistance

Oversold signals on intraday charts could support brief buying.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Bitcoin Stabilizes Around $46K After Sell-off; Resistance at $50K

Upside appears to be limited despite short-term relief buying.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Plummets as El Salvador Buys the Dip

Bitcoin tumbled below $46K, triggering billions in long position liquidations.

Bitcoin 24-hour chart (CoinDesk)