Dec 10, · “BTCUSD has consistently been the most popularly viewed symbol this year,” said David Belle, the company’s U.K. growth director, in an email to CoinDesk, referring to bitcoin Author: Zack Voell. A fast and easy way to analyze Cryptocurrencies Technical analysis gauges display real-time ratings for the selected timeframes. The summary for Bitcoin / U.S. dollar is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. Bitcoin is the world’s most-traded cryptocurrency which represents a massive share of the cryptocurrency market. It was the first cryptocurrency that was introduced to the public and has therefore the most developed infrastructure.
Btc trading viewsTechnical Analysis of Bitcoin / U.S. Dollar (BITSTAMP:BTCUSD) — TradingView
Bitcoin is often called the first crypto currency. Bitcoin is better described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous I want to tell you right away that the situation with Bitcoin is now very shaky, it literally hangs in the balance.
The fact of the merging of altcoins and the growth of domination only confirms the fact that people close their positions and enter the cash or stable coins, and bitcoin stands still - everyone is waiting for the next step from it.
If we The infamous "Then they fight you" phase started! Merry Christmas. As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again. The weekly BTC consolidation continues to deplete market participants.
During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points.
Buyers are There is no correction at this moment! Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC.
Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump. On the right chart we can see two global support lines. The price have already broken down the support 1 level but Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
Technical analysis: While the RSI downtrend 1 is not broken, bearish wave in price would continue. A peak is Trading suggestion:. There is a possibility of temporary retracement to suggested support line Technical analysis:.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line 0. It can be a possible scenario that price can go down to retest the trend line before breaking the range high.
Trading suggestion: There is a possibility of temporary retracement to suggested support line 0. The is going to be a price discovery year.
Using time cycles we can expect BTC to print some good numbers after getting overbought. Good Sunday to you all. Im finally back from my little get away and decided to take a look at what is going on with the charts. After spending 2 days ignoring the charts its sure nice to come back to 24k BTC. Good morning again ladies and gentlemen and welcome back to my daily look into the exciting world of Bitcoin. Today I have the 4hr time frame pulled up and I see consolidation has taken hold.
The bulls have taken us to new heights this year and I for one am quite impressed. But nothing goes up forever and a retrace should be on all of our minds. Even if it doesnt Definitely this should move down, clear signal for short.