Traders Blog - Analysis, Strategies, News and more | Category - Crypto

Bitcoin failed to breach Fibonacci resistance
Bitcoin advanced five out of seven sessions last week. Bitcoin price is still close to $24,000. A glance at the daily chart reveals the price is retracing down to the mid-channel after multiple test of the Fibonacci 23.6 resistance level! Fibona...

Bitcoin in uptrend channel!
Bitcoin closed up five out of seven sessions last week and retraced up within the uptrend channel after reversing the downswing not far from the mid-channel. Bitcoin price is above $24,000 currently! A glance at the daily chart reveals Bitcoin is cli...

Bitcoin uptrend confirmed – retracing into current range
Bitcoin closed up four out of seven sessions last week and confirmed the upward bias with a new fractal low and fractal high! Bitcoin price is above $23,000 currently. A glance at the daily chart reveals Bitcoin has reversed its climbing after testin...

Bitcoin uptrend holds – still in current range
Bitcoin closed up three out of seven sessions last week and maintained the upward bias! Bitcoin price is below $22,000 currently. A glance at the daily chart reveals Bitcoin has reversed its climbing after coming close to testing the Fibonacci 23.6 r...

Bitcoin resumes uptrend – leaving the current range?
Bitcoin closed up four out of seven sessions last week and reversed the downtrend! Bitcoin price is above $22,000 currently. A glance at the daily chart reveals Bitcoin has resumed climbing currently and breached above the resistance line – again! A...