Archive | Bitcoin price chart

Bitcoin Price Weekly Analysis – BTC/USD in Monstrous Trend

Key Points Bitcoin price is in a major uptrend and recently broke the $5600 resistance against the US Dollar. There are two major bullish trend lines forming with support at $5280 and $5000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The…

Bitcoin Price Weekly Analysis – BTC/USD To Surpass $4600

Key Points Bitcoin price is back in the bullish zone and might soon break the $4600 level against the US Dollar. There is a crucial contracting triangle pattern forming with support at $4320 on the 4-hours chart of BTC/USD (data feed from SimpleFX). Th…

Bitcoin Price Weekly Analysis – BTC/USD Remains in Uptrend

Key Points Bitcoin price has recovered well and broke the $4000 resistance against the US Dollar. There is a crucial ascending channel forming with support at $4250 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is gaining momentum and about to break the $4350 resistance. Bitcoin price is back in the […]

Bitcoin Price Weekly Analysis – Can BTC/USD Break This?

Key Points Bitcoin price has started a recovery from the $2965 low against the US Dollar and already moved above $3500. There is a monster bearish trend line with resistance near $3850 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair has to break the 43850-4000 resistance to gain momentum in the […]

Bitcoin Price Weekly Analysis – BTC/USD To Struggle Above $4000

Key Points Bitcoin price after a nasty decline towards the $2965 level against the US Dollar found support. There are two major bearish trend lines forming with resistance near $3900-4000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair might struggle to move back above the $4000 level considering the current market […]

Bitcoin Price Weekly Analysis – BTC/USD To Breakdown?

Key Points Bitcoin price is struggling to remain above the $4100 support area against the US Dollar. There is a key bullish trend line with support at $4150 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is heading towards the trend line support at $4150 and might attempt a downside […]

Bitcoin Price Weekly Analysis – BTC/USD Eyes Break above $5000?

Key Points Bitcoin price surged above the $4500 level against the US Dollar as discussed in the last weekly analysis. There is a major bullish trend line with support at $4460 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price recently tested the $4450-60 support and likely to resume its uptrend. […]

Bitcoin Price Weekly Analysis – Can BTC/USD Break $4500?

Key Points Bitcoin price failed once again around the $4450 level against the US Dollar, and currently trading near $4350. There is a crucial bullish trend line with support at $4280 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). As long as the price is above the trend line support at $4280, […]

Bitcoin Price Technical Analysis – BTC/USD Short-term Bearish

Key Points Bitcoin price is struggling to move above $4200 against the US Dollar and heading lower. The BTC/USD pair is currently attempting a downside break below a contracting triangle at $4030 on the hourly chart (data feed from SimpleFX). A close below $4000 could result in more declines towards $3800 in the short term. […]

Bitcoin Price Weekly Analysis – Can BTC/USD Hold This

Key Points Bitcoin price was under some pressure due to solid rise of BCH against the US Dollar above $800. The BTC/USD pair is currently trading above a bullish trend line positioned at $4000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). As long as the price is above the $4000 level, it […]

Bitcoin Price Weekly Analysis – BTC/USD In Monstrous Uptrend

Key Points Bitcoin price rocketed higher above the $4000 level for a new high at $4098 against the US Dollar. There was a break above a crucial contracting and ascending triangle at $3765 on the 4-hours chart of BTC/USD (data feed from SimpleFX). Buying on dips towards the $3850 remain a good idea in the […]

Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500

Key Points Bitcoin price overcame all odds of the Hard Fork and moved to a new high of $3328 against the US Dollar. There is a monster bullish trend line with support at $2800 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently moving lower, but remains well supported […]

Bitcoin Price Weekly Analysis – BTC/USD Preparing for August

Key Points Bitcoin price despite all uncertainty remained supported above $2600 against the US Dollar. There is a crucial contracting triangle pattern with support at $2600 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is correcting lower, but most likely to trade above $2720 in the near term. Bitcoin price […]

Bitcoin Price Weekly Analysis – BTC/USD To Continue Higher

Key Points Bitcoin price surged higher recently and moved above $2700 against the US Dollar to gain momentum. There was a break below a major bearish trend line with resistance at $2380 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently consolidating above the $2650 support and setting up for […]

Bitcoin Price Weekly Analysis – Can BTC/USD Stay Above $2000?

Key Points Bitcoin price fell sharply during the past few days and broke the $2400-2350 support against the US Dollar. There was a break below a major contracting triangle with support at $2420 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently trading near major pivot of $2000, and struggling […]