Technical Analysis


Markets

Bitcoin Fails to Break $60K; Short-Term Support Near $56K

BTC will need to break above $60,000 to resume the uptrend.

BTC Hourly Chart

Markets

Bitcoin Steady at Resistance; Support Around $57K-$58K

Bitcoin traded in a tight range during Asian hours; resistance around $60K and support around $57K-$58K.

BTC Hourly Chart

Markets

'Bull Flag' Call for $70K Bitcoin Draws Skepticism From Rival Analysts

There's a debate raging among bitcoin technical analysts over whether the "bull flag" chart pattern even has a flagpole.

A "bull flag" or wishful thinking? Analysts are raising a yellow flag about the latest call for $70,000 bitcoin.

Markets

Bitcoin Stalls Near Resistance; Support Around $54K

BTC stalled just shy of $60K resistance during Asia hours. Support is around $54K.

BTC Four-Hour Chart

Markets

Bitcoin Uptrend Intact After Month-Long Consolidation; All-Time High Within Reach

Intraday overbought signals are not yet extreme, which should keep buyers active towards $60,000-$61,000.

BTC Daily Price Chart

Markets

Bitcoin Rallies From Support, Resistance Around $60K

But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.

Four-hour BTC chart

Markets

Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks

Volatility is a measure of risk, and that's often measured in relation to returns. By that measure bitcoin is a beast so far this year.

Penny on its side resting on a stock fluctuation chart

Markets

Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor

BTC held support around $50K and is approaching resistance around $56K.

BTC hourly chart

Markets

Bitcoin Stabilizes After Sell-off, Resistance Seen Around $56K

For now, bitcoin continues to hold long-term trend support above $50,000, with lower support around $42,000.

BTC four-hour chart

Markets

Bitcoin Holds Support, Approaching Resistance Around $60K

The daily relative strength index (RSI) is back in neutral territory after reaching overbought levels earlier this month.

BTC Daily Chart