WebBitcoin has been in a narrow consolidation for 3 weeks. The upward price channel, numerous retests of resistance and absence of decline determines quite interesting prospects. The chart clearly shows the formed ascending price channel and prolonged price consolidation in the resistance zone. WebBitcoin is currently trading above the 200-day simple moving average (SMA). The 200-day SMA has been signaling BUY for the last 89 days, since Jan 13, 2024. The price of …
#BitcoinWeek hashtag on Twitter
WebApr 19, 2024 · Bitcoin weekly price chart, 4 19 21. stockcharts.com That the rally is slowing down — at least, for now — is apparent on the relative strength indicator (RSI) above the price chart. You can... WebBitcoin Trader Harvested $3M Bounty That's Now Cut in Half. A crypto trader said he traded in his $8,200 Rolex watch to buy cryptocurrency and is now worth a little more than … the specialist 1975 ed2k
Bitcoin Weekly Chart Fires Bottom Signals At Open BTCUSD
WebLooking at the weekly timeframe, I am still bearish on Bitcoin right now as it is still trading below the 200-EMA since June 16th, 2024. Also, we're currently in a technical recession after the FED of Atlanta has estimated a negative -2.1% for Quarter 2 of 2024. We already had a negative -1.6% decline... 4 0 WebDec 16, 2024 · Bitcoin has dropped 75% since reaching a record high of $69,000 in November of last year. The bear market has proved to be more intense than the … WebFeb 13, 2024 · The “Death Cross” On The Bitcoin Weekly Chart. The “Death Cross” forms on charts when the 50-period moving average (MA) falls below the 200-period moving average (MA) and could signal that the upcoming trend is bearish. While useful for technical analysts, the “Death Cross” is a lagging indicator because the moving average (MA ... mysoft corporation sdn bhd