BTCUSD Coinbase Bitcoin started the week on an upward beat, but the sentiment was reversed by the Fed’s Powell Congress hearing, where regulatory concerns on Libra were discussed. Since then, Bitcoin broke back below the key $11,700 level and seems to be heading towards the 4h chart 200 moving average.
Weekly Crypto Analysis by Crypto Frontline
BTCUSD Coinbase Bitcoin continues to be in correction mode as the sellers managed to keep the price action below the key $11,700 area. A series of lower highs confirms the selling pressure had increased and we could witnessed fresh interest to sell in the following days. We suspect the price
BTCUSD Coinbase Bitcoin continued to march higher, above the $10,000 key resistance area and managed to a new 2019 high around $13.860. However, on June 26th it started to retrace impulsively, with around 30% of the value wiped out by 6 consecutive 4h chart candles. It is the most aggressive
BTCUSD Coinbase Bitcoin continues to exceed all positive expectations after managing to break above the key 10,000 resistance area. The bullish parabolic move continues to extend higher, and an increasing number of analysts predict the bottoming formation is completed. Despite the impressive performance in the past few months, we remain
BTCUSD Coinbase Bitcoin managed to find support around the 4h chart 200 moving average and since 9th of June is started to climb higher impulsively, recently breaking above the $9,000 key resistance area. Since the price managed to make a new 2019 high, we think there some more upside potential.
BTCUSD Coinbase The Bitcoin bull run took a break last week, as the price action continued to hover around the 4h chart 200 moving average. Sellers tried to break below it twice, but buyers were strong enough to keep the price action above it. However, the rejection is very weak,
BTCUSD (Coinbase) The triangle pattern we’ve talked about in our last weekly crypto analysis had been broken on the upside, which led Bitcoin to head towards the key $9,000 area. As we have anticipated, stronger selling emerged there with the token losing $1,000 from its value in less than
BTCUSD (Coinbase) For the past week, the Bitcoin price consolidated in a triangle-type formation, a sign of strength, considering that the consolidation follows a very impulsive move. Sellers had not been able so far to take control over the order flow, which makes a breakout on the upside the most
BTCUSD (Coinbase chart) For the past week, Bitcoin had been more unstable and the bull run that started back in April had shown some signs of weakness. The price action retraced from the $8,300 area towards $6,600 on the Coinbase exchange, where it found support. Since at the time of
BTCUSD (Coinbase) The Bitcoin impressive move higher continues to exceed our expectations, as the price recently reached the $7,400 key resistance level, which coincides with a swing high made back in September 2018. Once again Bitcoin edges up impulsively during a weekend when the liquidity and daily volumes are very
