Category: BTC Analysis

Bitcoin Price Analysis: BTC Fails to Retest $12K, is the Bull Run Over?

Bitcoin Price Analysis: BTC Fails to Retest $12K, is the Bull Run Over?

Bitcoin bulls look pretty tired right now. The leading cryptocurrency has printed the first lower high since July 21 and is currently stalling around the 0.786 Fibonacci level (white lines) at $11,743. We’ve also seen $4 billion exit the market in the last ten hours, which seems to suggest that some traders are cashing out […]

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Bitcoin Price Analysis: Bullish Reversal Pattern Emerges, BTC to $12K Soon?

Bitcoin Price Analysis: Bullish Reversal Pattern Emerges, BTC to $12K Soon?

We have now entered into Bitcoin’s worst month in terms of historical performance. On average, the leading crypto crashes 14% during the month of August. That being said, BTC price action appears to be falling in a bullish reversal pattern that suggests a spike to $12,000. And this could happen very soon. The mentioned pattern […]

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After Bitcoin’s $1500 Immediate Plunge, Is The 2020 Bull-Run Over? BTC Price Analysis

After Bitcoin’s $1500 Immediate Plunge, Is The 2020 Bull-Run Over? BTC Price Analysis

The previous ten days, that were the final days of July, were a blessing for the mark of Bitcoin. Appropriate after breaking out above the blue-marked building line at $9200 on July 21st, Bitcoin began to fire its engines, and yesterday – following ten magic days – BTC mark recorded a recent 2020 high above […]

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