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Bitcoin Price Analysis: Upward Drift Continues Following Established…

Bitcoin Schmitcoin By Bitcoin SchmitcoinCopyedit by Ashley LachanceSince mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown...

Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Bitcoin Schmitcoin Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now,...

Bitcoin Price Analysis: Could Three Times Be the Charm for This…

Bitcoin Schmitcoin Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro...

Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid...

Bitcoin Schmitcoin Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant....

Bitcoin Price Analysis: New High Paves Potential Reversal Setup

Bitcoin Schmitcoin After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This...

Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread

Bitcoin Schmitcoin Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward...

Bitcoin Price Analysis: Keep an Eye Out for a Close Above...

Bitcoin Schmitcoin Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to...

Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Bitcoin Schmitcoin Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of...

Bitcoin Price Analysis: Bullish Set-ups Could Break Current Market Structure

Bitcoin Schmitcoin The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However,...

Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Bitcoin Schmitcoin Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major...

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Bitcoin Schmitcoin Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in...

Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance

Bitcoin Schmitcoin Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since...

Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

Bitcoin Schmitcoin After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread,...

Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Bitcoin Schmitcoin Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range...

Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Bitcoin Schmitcoin Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With...

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