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
Weekly Crypto Analysis by Crypto Frontline
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
BTCUSD (Coinbase) Bitcoin didn’t continue lower last week; in fact, it closed on Sunday with mild weekly gains. Still, it continues to trade well below the ATH, which is not encouraging bulls to step in aggressively. The daily 200 SMA seems to act as resistance, but buyers are entering on
BTCUSD (Coinbase) Enthusiasm failed to expand after the US announced a strategic Bitcoin reserve, since in reality it was just a government-owned stockpile. The market is obviously disappointed since the price is now trading below the daily 200 SMA. The big picture favors bears, given we are seeing a bearish
BTCUSD (Coinbase) It was quite a volatile week for crypto and in line with our expectations, Bitcoin tumbled once $95k was breached on the downside. Selling stalled around $78k where an impulsive pullback has started. Enthusiasm surged when the US president announced several cryptos that could be included in a
BTCUSD (Coinbase) Bitcoin continued to trade range-bound last week and after a decent jump to $99k, it reversed course on news that ByBit was hacked and lost $1.5 billion. The price didn’t face heavy pressure because most of the stolen crypto was in altcoins. However, such events are negative for
BTCUSD (Coinbase) Bitcoin volatility dropped last week, given the price has traded inside a narrow range. There seem to be strong offers around $98,600 and bids at $95,000, so far keeping the market contained. At some point, the range will break and when that happens, we expect volatility to pick
