Technical Analysis
Bitcoin Consolidates Below $56K Resistance as Buyers Lose Strength
BTC has remained in a consolidation phase since February.
Bitcoin's Recovery Stalls; Lower Support Around $52K
Bitcoin buyers are losing strength as the recovery from the April 17 sell-off stalls.
Bitcoin Holds Support Around $53K; Resistance Zone Within Reach
For now, the high-volume sell-off on April 17 suggests capitulation as buyers were quick to defend the price low just above $51,000.
Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $59K
BTC’s April 13 breakout above $60,000 and subsequent all-time high failed.
If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead
"The loss of bullish momentum is only short term in nature," one chart analyst said.
These 3 Charts Explain the 'Coinbase Premium' on Its Stock Price
Coinbase is not an "exchange." Its valuation points to different analogies in traditional finance and the desire for a passive, diversified investment in crypto.
Bitcoin Recedes From All-Time High; Approaching Support
BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.
Bitcoin Struggles Around All-Time High Resistance; Support Within Reach
BTC buyers take profit, but selling should be limited around $61K support.
Bitcoin Pauses After Breakout to All-Time High, Support Around $62K
BTC buyers have taken some profit, but support is nearby.
Bitcoin Breaks to All-Time High, Ending Three Months of Consolidation
Bitcoin made a fresh all-time high after breaking above $60K and ending three months of consolidation. Next resistance around $68K-$70K.
