The Bitcoin extended its gain last week and reached $16,481, a level that was last seen in January 2018. The price had retraced to around $16,000. The hourly chart indicates that the price has formed lower highs with a support at $15,830.
With lower momentum and volatility, look for big…
The Bitcoin had a strong rally that brought the price to $15,888, after breaking above the $14,000 resistance. The price has since dipped to $15,000 and settled at $15,556. The volatility seems to remain high and the movement in the upcoming days may remain strong.
The current support level is…
The Bitcoin price was able to reach $14,000 as discussed last week, after breaking above the $13,358 resistance. The momentum has since decreased and the price is ranging between $13,600 and $13,900. Considering the $14,000 was a good level for taking profit, the next move can become critical as the…
The Bitcoin price was able to break the $11,600 resistance early last week and continued its strong rally. It reached $13,358 at the peak and settled at around $13,000. The Bitcoin has not traded at this high level since Jun 2019. …
