Traders Blog - Analysis, Strategies, News and more | Category - Crypto
Bitcoin still testing Fibonacci 23.6!
Bitcoin fell below $41,450 last week and was unable to retrace back above Fibonacci 23.6. Bulls were unable to wrangle away the control of crypto markets from bears. A glance at the Bitcoin daily chart reveals the bullish trend has reversed. The pric...
Bitcoin at Fibonacci 23.6 – Will $41,450 Be Breached Too?!
Bitcoin fell below $46,670 last week and is testing the Fibonacci 23.6 as bears took control of crypto markets. A glance at the Bitcoin daily chart reveals the bullish trend has not reversed yet. However, if bears maintain their hold on crypto market...
Bitcoin Struggling With Fibonacci 38.2 – When $46,670 Will Be Breached Again?!
Bitcoin is struggling with the Fibonacci 38.2 resistance as its breach above that level last week ran out of gas! Bulls weren’t able to hold on to their firm control of crypto markets as they did the previous week. As I wrote, traders took profits as...
Bitcoin Breaches Above $46,670 – Next Target $55,190?!
Bitcoin breached above the Fibonacci 23.6 resistance level last week as we expected and has breached above Fibonacci 38.2 resistance today! Bulls were firmly in control of crypto markets last week. A glance at the Bitcoin daily chart however rev...
Bitcoin Poised to Break above $41431!
Bitcoin is poised to breach above the Fibonacci 23.6 resistance level. It looks the momentum is on bulls’ side and Bitcoin will breach the resistance at $41431, and we will be watching this week how Bitcoin rises to test the next resistance at Fibona...
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