Archive | Bitcoin price chart

Bitcoin Price Watch: BTC/USD Turned Short-term Bearish

Key Points Bitcoin price extended its downside correction and declined below $7,400 against the US Dollar. There was a break below a major ascending channel with support at $7,520 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading well below the $7,550 pivot level and the 100… […]

Bitcoin Price Watch: BTC/USD About to Explode

Key Points Bitcoin price is still struggling to break the $7,580 and $7,600 resistance levels against the US Dollar. Yesterday’s highlighted important bullish trend line is in place with support at $7,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is about to make the next move either above… […]

Bitcoin Price Watch: BTC/USD Signaling Bullish Reversal

Key Points Bitcoin price formed a strong base around $7,050 and moved higher against the US Dollar. This week’s followed important bearish trend line with resistance at $7,320 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now placed nicely above the $7,400 level and the 100… […]

Bitcoin Price Watch: BTC/USD’s Struggle Continues

Key Points Bitcoin price remains in a bearish trend and is currently trading around $7,000 against the US Dollar. There is a crucial bearish trend line in place with resistance at $7,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $7,000 handle to avoid further… […]

Bitcoin Price Watch: BTC/USD Upsides Remain Limited

Key Points Bitcoin price is struggling to hold the $7,250-7,300 support area against the US Dollar. There are two bearish trend lines formed with resistances at $7,400 and $7,510 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of more losses if it breaks the $7,150… […]

Bitcoin Price Weekly Analysis: Can BTC/USD Hold $7K?

Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 support levels to avoid a… […]

Bitcoin Price Watch: Can BTC/USD Break This?

Key Points Bitcoin price found support near $7,260 and bounced back above $7,400 against the US Dollar. The BTC/USD pair is currently attempting a close above a crucial bearish trend line with resistance at $7,650 on the hourly chart (data feed from Kraken). A successful close above the trend line and $7,700 may perhaps open… […]

Bitcoin Price Watch: BTC/USD Sellers In Control

Key Points Bitcoin price was not able to move back above $8,000 and declined further against the US Dollar. There are two important bearish trend lines in place with resistance at $7,700 and $7,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently moving higher, but it is… […]

Bitcoin Price Watch: BTC/USD Breakdown Looks like Real Deal

Key Points Bitcoin price failed to hold the $8,240 support and declined sharply against the US Dollar. There is a major bearish trend line formed with resistance at $8,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may well correct higher in the short term towards the $8,100 and… […]

Bitcoin Price Weekly Analysis: BTC/USD Testing Crucial Resistance

Key Points Bitcoin price stayed above the $8,000 support level and recovered against the US Dollar. There is a monster bearish trend line forming with resistance at $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the trend line and settle above $8,300-8,400 for more… […]

Bitcoin Price Watch: BTC/USD at Risk of Further Declines

Key Points Bitcoin price declined and broke a key support level at $8,200 against the US Dollar. There was a break below a triangle pattern with support at $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may correct a few points in the short term, but it could… […]

Bitcoin Price Watch: BTC/USD Struggling Near $8,500

Key Points Bitcoin price found support above $8,000 and recovered nicely against the US Dollar. There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $8,500 resistance the 100 hourly simple moving average to gain momentum…. […]

Bitcoin Price Watch: BTC/USD Made Sharp U-Turn

Key Points Bitcoin price failed to capitalize above $8,800 level and declined sharply against the US Dollar. BTC/USD broke this week’s ascending channel with support at $8,500 on the hourly chart (data feed from Kraken). The pair settled below a key support at $8,400 and the 100 hourly simple moving average. Bitcoin price made a… […]

Bitcoin Price Watch: BTC/USD Primed for Gains

Key Points Bitcoin price is showing bullish signs above the $8,600 pivot level against the US Dollar. This week’s ascending channel with current support at $8,480 is intact on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading nicely above the $8,500 support and the 100 hourly simple… […]

Bitcoin Price Watch: BTC/USD’s Upside Capped By 100 SMA

Key Points Bitcoin price corrected higher, but upsides were capped by $8,800 and 100 hourly SMA against the US Dollar. The BTC/USD pair broke an ascending channel with support at $8,450 on the hourly chart (data feed from Kraken). The pair must stay above the $8,300 support level to avoid any further declines in the… […]