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Bitcoin reversed the downtrend – set to rise!
Crypto

Bitcoin reversed the downtrend – set to rise!

Bitcoin reversed the downtrend last week! Bitcoin price is about to move above $31,400 – continuing on a new bullish leg that will take it back into the uptrend channel that it broke out to the downside four weeks ago!  Against the backdrop of global...

Author:
Ara Zohrabyan
Published on: 06.06.2022 17:07 (UTC)
143
Bitcoin about to reverse the downtrend –above $30,000 still!
Crypto

Bitcoin about to reverse the downtrend –above $30,000 still!

Bitcoin continued trading in a downtrend range last week. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to breach above $30,750 and the RSI indicator has formed a bullish divergence. And in cas...

Author:
Ara Zohrabyan
Published on: 30.05.2022 17:26 (UTC)
150
Bitcoin back above $30,000 – about to reverse the downtrend!
Crypto

Bitcoin back above $30,000 – about to reverse the downtrend!

Bitcoin retreating slowed last week and the crypto major consolidated in a narrow range around $30,000. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to reverse if the price breaches above $30,...

Author:
Ara Zohrabyan
Published on: 23.05.2022 17:12 (UTC)
189
Bitcoin back below $30,000 – on its way to $20,000?
Crypto

Bitcoin back below $30,000 – on its way to $20,000?

Bitcoin retreating proceeded unabated last week. Bitcoin fell to as low as $24,000 last week as Tether briefly lost its peg to US dollars. The crypto major Bitcoin recorded seven straight weeks of losses for the first time in its history. Bitcoin is...

Author:
Ara Zohrabyan
Published on: 16.05.2022 17:29 (UTC)
236
Bitcoin falls below $33,000 breaching below support!
Crypto

Bitcoin falls below $33,000 breaching below support!

Bitcoin retreating accelerated last week as bears held firm control of crypto market – BTCUSD closed down six out of seven sessions. Bitcoin fell below $33,000 after breaching below uptrend support line. A glance at the Bitcoin daily chart reveals th...

Author:
Ara Zohrabyan
Published on: 09.05.2022 17:07 (UTC)
144