resistance

Bitcoin Consolidates Above $94,000, Eyes Breakout Past Key Resistance

Bitcoin Consolidates Above $94,000, Eyes Breakout Past Key Resistance

As it stands today, Bitcoin (BTC) is consolidating upwards and above the $94,000 level. Signs are positive that it might explode beyond the key resistance level of $95,500. Bitcoin price found support near $93,500 and started a fresh increase. It blasted through $94,200 and the 100 hourly simple moving average....
Bitcoin Bulls Aim for $95K After Overcoming Key Resistance

Bitcoin Bulls Aim for $95K After Overcoming Key Resistance

Bitcoin price is on the rebound after a massive bounce off a weekly support area and recently breaking through a key weekly resistance level. Current spot price of $86,888 represents an increase of 5% over the last 72 hours. In spite of the overall down day and this downside trend,...
Bitcoin's Price Momentum Faces Resistance From Ichimoku Cloud

Bitcoin's Price Momentum Faces Resistance From Ichimoku Cloud

Bitcoin’s price action is at risk of being thwarted at the Ichimoku Cloud, a technical analysis tool used by traders. In general terms, this positive cloud is affecting the recent momentum, support, and resistance dynamics in the market. Cryptocurrency analysts such as Omkar Godbole are looking at the Ichimoku Cloud...