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Bitcoin uptrend reversed again after rally peak
Bitcoin retreating is intact currently after a strong impulse down reversed the uptrend following a rebound to five-month high. The price is below $21,600 currently. The price is testing again the Fibonacci 100 level after a consolidation retracing....
Bitcoin retracing after rally peak?
Bitcoin notched a fresh five-month high last week with the price above $22,800 currently. The price consolidation hasn’t ended yet with the RSI back down from the overbought zone. Bulls seem unable yet to muster enough support for another impulse up....
Bitcoin rally peak at hand?
Bitcoin rallied to five-month high last week with the price above $23,000 currently. The price consolidation still continues while the RSI is set to leave the overbought zone. The bears are testing bulls’ resolve and in medium term perspective there...
Bitcoin rally intact still
Bitcoin rally continues with price above $22,800 today. The bullish momentum is intact as the upside impulse continued following a price consolidation. The price is in consolidation phase again while the RSI remains firmly in the overbought zone...
Bitcoin rebound in progress
Bitcoin price is retracing down after testing $21,450 today. The bullish momentum was enhanced by strong impulse wave last week as the price breached above Fibonacci 23.6, 38.2 and 61.8 resistance levels without a recoil. The price is retracing lower...
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