BTCUSD (Coinbase) Bitcoin finally managed to reach a new ATH last week and despite some temporary weakness, the upside seems intact. We say that because the price continues to float above the daily 20 EMA, still treating a short-term bullish trend line as support. If things don’t change, we should
Weekly Crypto Analysis by Crypto Frontline
BTCUSD (Coinbase) Bitcoin consolidated at a higher ground last week, but today’s price action shows sellers are starting to gain traction. Resistance emerged at $106k, an area we flagged in our previous weekly crypto analysis. There’s an engulfing bar on the daily chart, suggesting strong offers and for that matter,
BTCUSD (Coinbase) Last week was very bullish for Bitcoin since the price broke above $100k and it’s now attempting to exceed $106k. That happens to be one of our short-term resistance levels, but as things stand right now, we might witness a new ATH soon. Risk sentiment took another boost
BTCUSD (Coinbase) Volatility in Bitcoin compressed last week, although the upside remains intact. The price managed to break above $95k, which is a bullish sign, but buyers failed to keep the market above it. A short-term ascending trend line continues to be respected and as long as that happens, we
BTCUSD (Coinbase) We were expecting a continuation higher last week and that materialized, with BTC breaking above the daily 200 SMA impulsively. That’s a bullish sign and shows liquidity is back into the market, supporting valuations. Before we dig into technicals, we would like to caution that the market might
BTCUSD (Coinbase) Bitcoin recovery continues on the back of a weaker US Dollar. We see how the price managed to break above our bearish trend, and now buyers are pushing the price into the $89k key resistance level. At the same time, you can easily see the daily 200 SMA
BTCUSD (Coinbase) The market mood improved a few days ago after the US trimmed down tariffs and announced a 90-day pause for negotiations. Bitcoin reacted positively in tandem with major stock markets, finding support close to that $73,800 key area, which is a prior all-time high. At the time of
BTCUSD (Coinbase) The week started with Bitcoin under pressure as the sell-off continues following worse-than-expected tariffs. April 9th is when the bulk of reciprocal tariffs will go into effect, so if there’s no change by then, we should expect further downside in crypto overall, not just BTC. Technically, the market
BTCUSD (Coinbase) Bitcoin found resistance around $89k last week and then started to sell off impulsively. The price broke back below the 4h chart 200 SMA and even pierced through our short-term bullish trend line. These signals combined suggest sellers are the ones in control, and we don’t see an
BTCUSD (Coinbase) Market sentiment is improving and we say that because the price is slowly generating higher lows and higher highs. Looking at the 4 chart, BTC is now testing the 200 SMA and has a high probability of breaking higher. Trade tensions seem to be easing and that acts