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Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?

BTC’s price lost its all-time high of $18,000 as FTX fiasco continued to affect its price  Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims the 50 Exponential Moving…
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Bitcoin Shows Strength As Price Holds Above $16,500; Is This A Bear Trap?

 BTC’s price loses its previous all-time high of $18,000 as Binance rejects the FTX takeover, with the price responding with a decline to a region of $15,500.   BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  BTC’s price bounces from a low of $15,500…
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Bitcoin (BTC) Loses Previous All-time High Of $18,000; Here Is What To Expect

 BTC’s price loses its $18,000 all-time high support as the price trades to a region of $17,000 before bouncing off this region.   BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  BTC’s price remains weak across all timeframes as the price trades above the…
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Bitcoin (BTC) Looks Strong Above $20,500; Here Is The Key Level To Watch

 BTC’s price needs to stay above $20,500 for the price to have a chance to rally high to a region of $22,500.  BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance.  BTC’s price remains strong, holding key support on the daily timeframes…
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Bitcoin (BTC) Shows Strength As Price Breaks $21,300; Here Are Levels To Watch

 BTC’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards.   BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance.  BTC’s price remains indecisive on the daily timeframes as the…
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Bitcoin Price Sits On A Gun Powder As $20,500 Fails; Will Bears Open The Doors?

BTC’s price slowed down after showing so much strength as it rallied to a high of $21,000 but got rejected as the price rallied downward.   BTC could suffer retracement as the price breaks below the crucial support area, holding the price off from sellers with hopes of a rebound.  BTC’s price remains strong on the…
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Bitcoin Price Analysis Ahead Of Its Monthly Close, Will $20,500 Hold As Support?

BTC’s price shows strength as it bounces from a downtrend range price rallied to a high of $20,500 with eyes set on $22,000.  BTC could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. BTC’s price remains strong on the daily…
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Bitcoin Reclaims $20,500; Here Are The Levels You Should Pay Attention To

BTC’s price shows strength as it bounces from a downtrend range price rallied to a high of $20,800 with eyes set on $21,600.  BTC could rally more as the price creates more bullish bias as the price builds more bullish momentum above $20,300. BTC’s price remains strong on the daily timeframe above the 50 Exponential…
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Bitcoin Faces Key Decision Above $20,700, Will Price Rally To $21,500?

BTC’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $21,500. BTC faces a major decision test to trend higher above $21,000 after the price broke out of its downtrend descending triangle price movement. BTC’s price remains strong on the daily timeframe above the 50 Exponential…
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Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into what the next targets might be. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 26, 2022 The breakout across…
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