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Bitcoin Technical Analysis

Bitcoin is up 6.6% Amid Divergence Signals: What’s Next?

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin is up 6.6% after bears failed to maintain prices below $91,200. If bulls pull the prices above the immediate resistance of $95,920, the...

Bitcoin Dipped to $95000: What’s Next?

Bitcoin Technical Analysis J.J. Edwards -
As expected, Bitcoin dipped to $95000 because the Stochastic Oscillator was overbought. A close above the immediate resistance at $96,300 can trigger the uptrend,...

Bitcoin Challenges Key $101900 Resistance

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin's uptrend resumed above the 100-period SMA and is currently testing the 61.8% Fibonacci retracement level. If BTC/USD stabilizes...

Bullish Bitcoin Consolidates At 98K

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin is bullish above the 50-period SMA but is consolidating in a low-momentum market at about $98,000. A close...

Bitcoin Failed to Surpass 100K: What’s Next?

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin failed to surpass 100K. Consequently, it dipped below $96,000 with immediate support, backed by the 75-period SMA. If...

Bitcoin Stayed Below $100K: What’s Next?

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin Stayed Below $100K resistance, trading bearish below the 75-period SMA. This decline was anticipated due to the Stochastic's...

Bitcoin Double Bottom Pattern at $92K Sparks Bullish Rally

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin formed a double bottom pattern in the 4-hour chart at $92,000. If bulls pull the prices above the...

Bitcoin Potential Dip to $92000 Hinges on This Resistance

Bitcoin Technical Analysis J.J. Edwards -
Bitcoin dipped to $96,000 amid oversold signals from momentum indicators. The primary trend is bearish, with a target of...

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