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Bitcoin (Cryptocurrency)

BTC/USD - Weekly OverviewFor the past week, Bitcoin faced the wrath of bears as it slipped below the crucial psychological mark of $20K. It has registered a new 52-week low of around $17,500 on the charts. A figure that is not wished by anyone. However, there has been a positive bounceback since then. We are witnessing a potential bullish crossover in the MACD which could possibly hint of more positive momentum ahead. The price level is also looking to develop sustainability above MA-10. On the contrary, if we face profit booking momentum again, support levels can be placed at $20K and $18K. However, if the ongoing positive momentum is sustained, the world’s largest cryptocurrency can face resistance at $22K and $24K respectively.
COINBASE:BTCUSDLong
by TradeDog-Research
BTC/JPY - weekly Analytics + Altcoins 20.06.2022On June 19, investors reached a maximum of pessimism. Usually at such moments there is a market reversal. In order to confirm it, the formation of momentum in the area of 3400000 is required, after which a corrective rollback will be formed with a high degree of probability. For more risky traders, entry points to buy are present at the current marks. Altcoins Tron formed a false-break from the bottom diagonal boundary of a potential triangle, it looks stronger than the market at the moment and has already diverged paths with the bitcoin , a strong confirmation would be an increase to the area of 0.08
by Yosu_Fund
BTC/USD - weekly Analytics + Altcoins 20.06.2022On June 19, investors reached a maximum of pessimism. Usually at such moments there is a market reversal. In order to confirm it, the formation of momentum in the area of 25-26 thousand dollars is required, after which a corrective rollback will be formed with a high degree of probability. For more risky traders, entry points to buy are present at the current marks. Altcoins Tron formed a false-break from the bottom diagonal boundary of a potential triangle, it looks stronger than the market at the moment and has already diverged paths with the bitcoin , a strong confirmation would be an increase to the area of 0.08
by Yosu_Fund
Bitcoin major market update - PAY ATTENTION !!!Bitcoin market update: Btc currently is trading at 20.7k and is in our demand zone market out previously. This zone of 16.9k - 20.1k is major point of interest currently, considering it’s also the previous all time high from the rally of 2017-18. If bitcoin holds this level we could see a retracement towards the 61.8 fib level(27.3k) to 28.5k - 31.58k supply zone. Where we could see #bitcoin tumble back down towards 12k should this happen. We are no where close to the bottom or end of the bear market, which in our opinion could last for another year or so. Fundamentals: High inflation Money gap CME futures gap at 12k Cash grab and hodl for bigger players until the dust settles.
by CryptoBlanco