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Bitcoin rebound halted – will the downtrend resume?
Crypto

Bitcoin rebound halted – will the downtrend resume?

Bitcoin price is below $18,500 currently. A glance at the daily chart reveals the price retreated four out of seven sessions last week – giving back all of the previous week’s gains! The downward trend reversal was completed last week – but it looks...

Author:
Ara Zohrabyan
Published on: 19.09.2022 14:57 (UTC)
142
Bitcoin rebounds – will the downtrend reverse?
Crypto

Bitcoin rebounds – will the downtrend reverse?

Bitcoin price is above $22,100 currently. A glance at the daily chart reveals the price rallied last Friday as Wall Street ended higher third straight session – the first series of three daily gains in a row in the last twenty sessions. The downward...

Author:
Ara Zohrabyan
Published on: 12.09.2022 17:25 (UTC)
145
Bitcoin downtrend persists
Crypto

Bitcoin downtrend persists

Bitcoin price is below $19,700 currently. A glance at the daily chart reveals the price is testing the lower boundary of the narrow range it was trading in last week. The downward trend is still in place as bulls didn’t make attempts to retake contro...

Author:
Ara Zohrabyan
Published on: 05.09.2022 17:46 (UTC)
156
Bitcoin reverses the uptrend
Crypto

Bitcoin reverses the uptrend

Bitcoin price is below $20,000 currently after the top cryptocurrency by market cap fell 7.3% over last week. A glance at the daily chart reveals the price is retreating after a bounce last week following a breakout from a downward channel that rever...

Author:
Ara Zohrabyan
Published on: 29.08.2022 17:57 (UTC)
148
Bitcoin broke below trendline!
Crypto

Bitcoin broke below trendline!

Bitcoin retreated five out of seven sessions last week. Bitcoin price is below $21,400 currently. A glance at the daily chart reveals the price is retracing down to the low it hit last Saturday after breaking below the mid-level and lower bound...

Author:
Ara Zohrabyan
Published on: 22.08.2022 17:57 (UTC)
121