BTCUSD (Coinbase) Even though the selling continued last week, we can see how the area around the daily 200 SMA managed to act as support. We highlighted last week that breaking and holding below would be a bearish sign, so since that hasn’t materialized, our expectations for the next few
Weekly Crypto Analysis by Crypto Frontline
BTCUSD (Coinbase) Bitcoin volatility spiked during the last few days on the back of renewed worries related to US – China trade. Although the price managed to reach a new ATH, it failed to build momentum. Selling was aggressive, but stalled close to the daily 200 SMA, an important area
BTCUSD (Coinbase) The start of October is in line with seasonal patterns, considering Bitcoin momentum gathered pace for several days in a row. It also managed to reach a new ATH yesterday, before retracing to the $123k key level. Only 2 of the last 10 closed candles on the daily
BTCUSD (Coinbase) Bitcoin closed lower last week, but managed to recover some ground on Sunday. Looking at the daily chart, we see the price locked inside a triangle formation, which puts us in a wait-and-see mode until a break happens. Short-term traders can still play both sides of the structure,
BTCUSD (Coinbase) Bitcoin buyers pushed through our short-term bearish trend line and that shifted the sentiment to bullish. The price is also trading above the daily 20 EMA and the RSI is edging up, both confirming the bullish momentum. This week, we get the FOMC and that event can stir
BTCUSD (Coinbase) Bitcoin is testing the daily 20 EMA at the start of this week, but we can’t say yet that the sentiment has shifted to bullish. The US Dollar and yields are under pressure, which is usually positive for risk assets, yet buyers continue to be reluctant. This week
BTCUSD (Coinbase) Bitcoin weakness continues as the crypto market enters the most bearish period of the year. It looks like seasonality plays itself out in line with regular trends in 2025, which means there could be more selling until October. The series of lower lows and lower highs confirms sellers
BTCUSD (Coinbase) Bitcoin weakness continues as the price is treating the daily 20 EMA as resistance, instead of support. Additionally, we are seeing the RSI heading south towards oversold conditions, suggesting a corrective move is developing. We expected support at $112k and buyers did step in after enthusiasm flooded the
BTCUSD (Coinbase) Bitcoin weakness emerged in the second half of last week after concerning inflation data in the United States. The price briefly touched a new ATH and then sold off impulsively and now not even the daily 20 EMA seems to be acting as support. Additionally, the ascending trend
BTCUSD (Coinbase) Bitcoin buyers are back in business and we see the price already above our short-term consolidation channel. That puts the ATH under pressure and we might even see a break higher, towards $125, the next important resistance zone. Breaks are usually followed by stronger buying, so it shouldn’t
