Bitcoin shot up to more than 3-month highs in Asia, but failed to keep gains and reverted back to $9.300 in Europe, marking a failure
Read moreBitcoin Price Analysis: Biased Lower After Rejection at Lateral Resistance
By Mandar Desh / By Mandar Desh / Bitcoin Price Analysis: Trapped in an expanding sideways channel
By Mandar Desh / Bitcoin’s sideways roll continues with downside capped by key support. The digital currency recoiled from above $9,400 three times in the last 24 hours but
Read moreEther is Lagging Bitcoin According to Technical Charts
By Mandar Desh / Ether, the world’s second largest digital currency, is currently priced at $176 – up 36% from the starting point of the year. Meanwhile, bitcoin, the
Read moreBitcoin’s Mayer Multiple Hits Highest Since October
By Mandar Desh / While bitcoin is yet to explore levels above $10,000 seen in October, its Mayer Multiple (MM) or the ratio of price to the 200DMA of
Read moreBitcoin Price Analysis: Bullish Consolidation
By Mandar Desh / The Bitcoin market bulls seem to have grown tired of the price rally and are having a temporary breather. The digital currency consolidated in Asia
Read moreBitcoin Price Analysis: Clocks 2.5-Month High After Invalidating Bear Divergence
By Mandar Desh / Bitcoin firmed up and printed $9,430 in Asia – the highest level since November 7. The digital currency’s rebound from the American session low of
Read moreBitcoin Price Analysis: Bulls Need a Convincing Close Above 200DMA
By Mandar Desh / Bitcoin has had a great month so far. The most popular digital currency found buyers near $6,850 in the first week and recently printed highs
Read moreBitcoin Price Analysis: Bears Fail to Secure a Double Top Breakdown
By Mandar Desh / Bitcoin bears have failed to secure a foothold below $8,929. That level marks the neckline of the double top pattern on the 1H chart. The previous
Read moreBitcoin Price Analysis: Rejected at January 19 high
By Mandar Desh / Bitcoin is falling fast, having failed to penetrate the resistance of the January 19 high of $9,188 a few minutes ago. The most popular digital
Read moreBitMEX Research: Bitcoin Has a Stale Block For The First Time Since October 2019
By Mandar Desh / Bitcoin had a stale block on Monday at the block height of 614,732, according to BitMEX Research. A stale block – the one which is
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