Bitcoin, Where Are We Now

SUMMARY

The weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750.

Bitcoin / Weekly

The weekly chart of Bitcoin shown above continues to suggest that the corrective phase since the all-time highs is still in force despite the strong bounce from the triple bottom that exte…


Read more

SUMMARY

The weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750.

Bitcoin / Weekly

The weekly chart of Bitcoin shown above continues to suggest that the corrective phase since the all-time highs is still in force despite the strong bounce from the triple bottom that exte…


Read more

Recent Posts

Bitcoin Drops Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events

Bitcoin hovered below $90,000 on Sunday as low liquidity, altcoin weakness and imminent U.S. and…

42 minutes ago

Bitcoin Price’s Next Move Could Be Below $80,000 — Here’s Why

The price action of Bitcoin has been somewhat limited in the past few weeks, as…

3 hours ago

Bitcoin Investors Brace For BOJ Rate Hike As Market Sell-Off Continues — Details

The Bitcoin market has continued to consolidate within the $90,000 price zone over the last…

3 hours ago

Bitcoin And Ethereum Market Structure Points To Crypto Winter – Details

The crypto market has shown a modest price rebound in the last three weeks, returning…

3 hours ago

Bitcoin Macro Retracement Meets Mid-Range Battle – Will Bulls Reclaim Momentum?

Bitcoin is facing a critical juncture as its macro retracement converges with a tight mid-range…

16 hours ago

These Three Metrics Show Bitcoin Found Strong Support Near $80,000

Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the…

20 hours ago