Bitcoin Price Watch: BTC/USD Remains At Risk Below $6,500

Key Points Bitcoin price is currently consolidating below a major resistance at $6,500 against the US Dollar. There is a short-term breakout pattern in place with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The

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Bitcoin Price Weekly Analysis: BTC/USD Decline Could Extend to $5,950

Key Points Bitcoin price is bleeding and it could extend its slide below the $6,100 level against the US Dollar. There is a connecting bearish trend line in place with resistance at $6,300 on the 4-hours chart of the BTC/USD pair

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Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620

Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is

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Bitcoin Price Watch: BTC/USD Correcting Gains After Hitting $7,300 Target

Key Points Bitcoin price traded higher and moved above the $7,300 resistance area against the US Dollar. There was a break below a key bullish trend line with support at $7,260 on the hourly chart of the BTC/USD pair (data feed

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Bitcoin Price Watch: BTC/USD Recovers Sharply, Could Retest $7,120

Key Points Bitcoin price extended downside correction and tested the key support at $6,775 against the US Dollar. This week’s followed major bullish trend line was breached with support at $6,930 on the hourly chart of the BTC/USD pair (data feed

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Bitcoin Price Watch: BTC/USD Forming Breakout Pattern Above $6,600

Key Points Bitcoin price is trading in a contracting range with support above the $6,600 level against the US Dollar. There is a major contracting triangle in place with resistance around $6,740 level on the hourly chart of the BTC/USD pair

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Bitcoin Price Watch: BTC/USD Slowly Grinding Higher Towards $6,700

Key Points Bitcoin price is forming a support base above the $6,350 and is currently moving higher against the US Dollar. There is a short-term contracting triangle forming with resistance near $6,610 level on the hourly chart of the BTC/USD pair

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Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

Key Points Bitcoin price rebounded and moved above the $6,400 level, but it failed near $6,600 against the US Dollar. There was a break below a major bullish trend line with support at $6,460 on the 4-hours chart of the BTC/USD

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Bitcoin Price Watch: BTC/USD Hesitates, But Further Gains Possible

Key Points Bitcoin price corrected higher and moved above the $6,350 resistance against the US Dollar. There is a key ascending channel forming with support at $6,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is

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Bitcoin Price Watch: BTC/USD Rebounds After Dipping To $6,100

Key Points Bitcoin price declined further and traded below the $6,200 support level against the US Dollar. There is a short-term connecting bearish trend line in place with resistance near $6,380-6,400 on the hourly chart of the BTC/USD pair (data feed

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Bitcoin Price Watch: BTC/USD Tumbles, Sell On Rallies Near $6,770

Key Points Bitcoin price declined sharply and broke an important support near $6,830 against the US Dollar. A crucial bearish trend line with current resistance at $7,000 acted as a hurdle on the hourly chart of the BTC/USD pair (data feed

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