Technical Analysis
Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Bitcoin Rangebound at Support; Resistance at $36K
Minor support is seen at $33,000, which is near the 100-day moving average on the four-hour chart.
Bitcoin Holds Support; Faces Resistance at $36K
Bitcoin is maintaining a series of higher lows from the June 22 shakeout around $29,000.
Bitcoin Declines Within Range; Could Find Support at $30K
Bitcoin buyers are in profit-taking mode given strong overhead resistance.
Bitcoin Declines from $36K Resistance, Could Find Support at $30K
BTC starts July on a negative note, although buyers could return at $30K support.
Bitcoin Upside Stalls, Could Find Support Near $30K-$33K
Bitcoin was unable to sustain a series of higher price lows over the past few days.
Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K
Bitcoin could see a minor breakout toward the top of a two-month range near $40K.
Bitcoin Meets Resistance at $35K, Support at $30K
Bitcoin is under pressure after reaching $35K resistance. Support at $30K could stabilize the current pullback.
Bitcoin Stalls at $35K Resistance, Lower Support at $30K
Bitcoin's short-term downtrend is slowing, although upside appears to be limited heading into the weekend.
Bitcoin Relief Rally Fades; Support Holds at $32K
Bitcoin is down about 12% over the past seven days and was trading around $33,000 at press time.
