Bulls

Bitcoin Dips Below $10,000, But Bulls May Soon Take Control

Bitcoin has once again dropped to its key support level of $10,000, although each minor dip below this level over the past 24 hours has been met with relatively strong buying pressure. If BTC is unable to surge from this level, however, it could once again revisit its historically strong support region that currently exists […]

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Bitcoin Price (BTC) Signaling Bullish Reversal: Can Bulls Break $10.5K?

Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar. The price is currently consolidating below the next key resistance at $10,500-$10,525. This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price […]

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Exhausted Bitcoin Cash Bulls Could Spark Crushing Dump to $200

Bitcoin Cash may be a good pick for long-term investors due to its strengthening fundamentals. However, the cryptocurrency’s prospects in the short-term are not looking great. The first bitcoin fork is struggling to keep its head above water. The cryptocurrency’s weakness hasn’t gone unnoticed. The widely-followed Peter Brandt took to Twitter to share his bearish […]

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Bitcoin Bulls v Bears: Analysts Undecided on Next Direction For BTC

The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent. Bitcoin Holding Fast at $10k Over the past 24 hours BTC has traded between $10k and $10.2k […]

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Bitcoin Price Analysis: $10,000 Sees Bulls Accumulating

Since the recent drop from $11,000 t0 $9,800 as outlined in my previous analysis on BTC, price levels have created an asymmetrical triangle and will see a breakout next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the asymmetrical triangle highlighted after the breakdown from the rising wedge as […]

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Bitcoin Bulls Have “Nothing to Worry About” Despite Overnight Pullback

After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support. Analysts are now noting that Bitcoin’s bulls are safe so long as the crypto holds above […]

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Bitcoin (BTC) Price Is Trading In Uptrend But Can Bulls Clear $12K?

Bitcoin price is trading above a couple of important supports near $11,800 against the US Dollar. The price could rally sharply if there is a successful close above the $12,000 resistance. There was a break above a major contracting triangle with resistance near $11,860 on the hourly chart of the BTC/USD pair (data feed from […]

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Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?

There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The […]

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Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000

In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle […]

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Bitcoin Reclaims $10,000 in Sudden Surge: Can Bulls Keep the Pace?

Well then. Bitcoin (BTC) has just reclaimed $10,000 in a sudden surge to the upside. As of the time of writing, the cryptocurrency sits just shy of $10,000, finding itself up 4% in the past 24 hours. Related Reading: Bitcoin and Crypto Shouldn’t & Can’t Be Banned, Say Politicians: Why? Interestingly, altcoins have underperformed the […]

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Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task

ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via […]

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Bitcoin Price Analysis: Bulls Recover Vital Support

Summary: Over the last week, the bitcoin price has dropped 30 percent, from its high of $13,200 to its current local low of $9,050. As of this morning, the market is enjoying a strong rally on high spread and volume that pushed the price back above major support at $9,600.   If the market manages to […]

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Binance Coin Price Analysis: Bulls Eye Reversal on 4-Hour Chart

Since the 13th of June bears have caused Binance Coin to pull-back down from the highs of 0.044 sats down to visible lows around 0.024 sats, resulting in a 45% correction. Short-term timeframes are starting to indicate that a potential reversal could play out over the coming days. BNB/BTC 4 Hour Analysis On the 4 […]

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Bitcoin Bulls Roar as Trump Looks to “Manipulate” USD: Fresh Highs Inbound?

Bitcoin (BTC) may be a non-sovereign crypto asset, but its future was recently cemented with a single tweet from a world leader. On Wednesday morning, Donald Trump, the incumbent President of the United States, issued an impassioned message on his favorite social media platform. Related Reading: Circle CEO: Crypto “Mega Trend” is Here to Stay, […]

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Bitcoin (BTC) Reversal Unfolds: Bulls Target $12K or $12.5K

A strong support base is forming near the $9,700 level after a strong decline. A swing low was formed at $9,679 before the price started a strong upward move. Yesterday’s crucial declining channel was breached with resistance near $10,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently […]

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Binance Coin Price Analysis: BNB Bulls Eye $37 Level

Binance Coin has seen a much needed 40% pullback stemming from the highs around 40,000sats at the beginning of June, down to current visible range support sitting at 25,000sats. Short term price action suggests we could see upwards movement that could very well propel BNB back into its key uptrend highlighted in the weekly analysis […]

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Bitcoin Price Analysis: Can Bulls Gain Back Control Before July?

The recent Bitcoin price pull-back from the highs of $13,900 created a falling wedge pattern that appears to have already broken to the upside. The question remains as to whether the parabola will stay intact as we move close to the month of July. Bitcoin Price Hourly Chart On the BTC price hourly chart, we […]

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Bitcoin (BTC) Soars Past $9,300 in Massive Weekend Pump: Bulls on Parade

And just like that, Bitcoin (BTC) is right back above $9,000. The past 72 hours have been absolutely stellar for the crypto market, as it saw all digital assets gain notably across the board. BTC, most notably, moved from the low-$8,000s, where analysts expected heavy resistance, to $9,300 where it stands right now. Related Reading: […]

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Bitcoin (BTC) On A Roll, Bulls Ecstatic After Italy’s New Tax Proposal

Bitcoin (BTC) expands, up 7.4 percent Capital flight from Italy could end up in Bitcoin By zeroing in and targeting personal saving accounts, Matteo Salvini, the Deputy Prime Minister of Italy, is inadvertently advertising Bitcoin. Resilient and thriving with an unpopular decision, BTC bulls are back. Ending the week strongly, prices are up 7.4 percent […]

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Bitcoin Price: Bulls Under Pressure to Break $8.2K in Rising Wedge

Bitcoin buyers appear to be eyeing the psychological $8,200 level above today, but fears of a rising wedge reversal could put an abrupt end to the rising price. Let’s take a closer look. Bitcoin 4-Hour Chart On the 4-Hour BTC/USD chart, the price appears to be consolidating inside a bearish rising wedge pattern between two […]

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Bitcoin (BTC) Price Turns Bearish: Bulls Could Face Resistance Near $7,800

Bitcoin price remained in a bearish zone and recently declined below $7,600 against the US Dollar. The price retested the $7,500 support area and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $7,820 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair […]

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Bitcoin (BTC) Price Weekly Forecast: Bulls Facing Uphill Task

The recent recovery in bitcoin price faced a strong resistance near the $8,140 level against the US Dollar. The price is currently facing a strong resistance and it is likely to struggle near $8,000. There is a major bearish trend line forming with resistance near $7,950 on the 4-hours chart of the BTC/USD pair (data […]

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Bitcoin (BTC) Price Weekly Forecast: Bulls Preparing For Larger Rally

There is a strong resistance forming for bitcoin near the 8,200-8,300 area against the US Dollar. The price is placed nicely above the $7,840 and $7,600 support levels. There is a crucial contracting triangle forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely […]

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