Archive | bitcoin analysis

Bitcoin Price Weekly Analysis – BTC/USD Eyes New High

Key Points Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar. There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7500 level and eyes a […]

Bitcoin Price Watch; Here’s Where We Are Looking To Get In Today

The European session has just kicked off in the bitcoin price and it’s looking as though we are in for some considerable volatility moving forward today and – ahead – into the close of the week. From its corrective lows way back down around the $6000 level late last week, bitcoin has staged something of […]

Bitcoin Price Weekly Analysis – BTC/USD Breaks Key Support

Key Points Bitcoin price struggled to move above the $7770 level against the US Dollar and started a downside move. There was a break below a major bullish trend line with support at $6780 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well below the $6500 level and remains […]

Bitcoin Price Weekly Analysis – BTC/USD Eyes Break of $8000

Key Points Bitcoin price is gaining pace and will most likely break the $7500 resistance against the US Dollar. There is a major bullish trend line forming with support at $7300 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7300 and $7000 support levels for […]