Bitcoin_Analyzer

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices were technically unmoved over the weekend, looking at price charts. Therefore, while there was a notable contraction on July 6 at the back of expanding volumes, the rejection on July 7 relieved buyers. Still, from an effort-versus-result perspective, sellers have the upper hand in the short term. This can only change if...

Bitcoin_Analyzer

Past Performance Euro prices remain volatile, and buyers are cementing their position. Looking at the formation in the daily chart, traders can look to ride the upswing of July 7. Then, Euro prices broke above the consolidation, trending above $1.0930. This development favors bulls in the short term and may trigger Euro demand. #EURUSD Technical Analysis The...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is lower when writing, dropping towards the $30k level. The sell-off stems from developments on July 6 and follows a refreshing surge to $31.3k before tumbling to spot levels. Despite traders--and the general BTC structure supporting buyers, the failure of buyers to push prices above the April high is a concern. Subsequently,...

Bitcoin_Analyzer

Past Performance Euro is tracking higher when writing, shaking off this week's weakness, reading from how price action is panning out in the daily chart. Overall, Euro bulls may recover today. However, the support line at $1.0850 is a vital reaction level. The failure of Euro bears to force prices below this line is overly bullish. It may support optimistic...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices slipped on July 6 but remain bullish, per the formation in the daily chart. At spot rates, the coin remains within a consolidation, moving tightly inside a $1.5k zone with caps at $31.3k and $29.8k on the lower end. Technically, buyers have the upper hand, but there can be more upsides if traders shake off the current...

Bitcoin_Analyzer

Past Performance The Euro is under immense selling pressure and edging lower when writing. Per the EUR candlestick arrangement in the daily chart, there could be more losses below the immediate support levels, should the bears press on. As it is, $1.0850 is a critical sell trigger line to watch. Conversely, gains above $1.0930 or June 30 would likely trigger...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are steady and bullish despite the contraction on July 4. Overall, the $31.3k remains a critical buy trigger level. For the uptrend of June's last few trading days to continue, there must be a comprehensive, high-volume close above this level. Even so, aggressive traders could find entries to load on dips above $30k in...

Bitcoin_Analyzer

Past Performance Euro prices are down, volatile, and without clear direction in the short term. Overall, buyers stand a chance. However, there must be clean breakouts in the days ahead for a clear trend definition. As it is, there must be a conclusive close above $1.1000 for buyers to take charge. Conversely, with the Euro edging lower, losses below $1.0850 will...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are firm when writing, floating above the FWB:31K level as the recent consolidation proves to be an accumulation. How fast bulls will push above $31.3k and even new 2023 highs will determine the speed of the rebound after the slowdown in the final days of the last days of H1 2023. #Bitcoin Technical Analysis From...

Bitcoin_Analyzer

Past Performance The Euro remains bullish but consolidating inside a tight trading range. Overall, the path of least resistance, at least from the top-down preview, is northwards. Technically, the March to May 2023 uptrend shapes the current preview. Therefore, while there were elements of weakness, the Euro remains bullish above $1.0800. #EURUSD Technical...

Bitcoin_Analyzer

Past Performance of Bitcoin Based on the candlestick arrangement in the daily chart, bitcoin prices are in a tight range. Even though the uptrend remains, the past few trading sessions have been volatile, but prices remain within the $31.3k and $29.3k zone. Therefore, the rejection of lower prices could support bulls. However, conservative traders can opt to...

Bitcoin_Analyzer

Past Performance Euro recovered on Friday, but this formation doesn't swing price action to favor buyers. For now, sellers have the upper hand since prices are oscillating inside the June 23 bear candlestick. Besides, trading volumes are light, casting doubts on the strength of the uptrend. #EURUSD Technical Analysis Buyers are confident. Whether this will...

Bitcoin_Analyzer

Past Performance for Bitcoin Based on the performance in the daily chart, bitcoin prices remain volatile and choppy. Even though the primary trend remains northwards, there are hints of weakness, looking at the candlestick arrangement. The only positive is that sellers have been unable to break below the $29.8k and $30k primary support. The $31.3k is a...

Bitcoin_Analyzer

Past Performance From the daily chart, bears are in control, and Euro prices have crumbled below crucial support levels. With prices below $1.0900, the short-term trend is firmly bearish, and sellers can add their shorts, targeting $1.0800 in alignment with the June 23 bear bar. #EURUSD Technical Analysis The wide-ranging, high-volume bar of June 29...

Bitcoin_Analyzer

Past Performance of Bitcoin At spot rates, there is nothing to write home about BTC. Prices remain within a consolidation, moving below $31.3k and above the primary support zone at between $29.8k and $30k. Even though buyers are optimistic, the rejection of higher highs can be a concern for bulls. Still, with prices consolidating horizontally, the breakout...

Bitcoin_Analyzer

Past Performance Overly, buyers are upbeat, but the past few trading days have been choppy and highly volatile. From the daily chart, bulls are in control, but the failure of prices to float above $1.1000 or stay below $1.0900 by close of today means traders should watch for conclusive breakouts before committing. #EURUSD Technical Analysis Trading volumes...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is roughly 20% from June 2023 lows and resilient, soaking selling pressure, looking at the performance in the daily chart. Even though there were attempts for lower lows, prices are firm above the $30k psychological level and $29.8k. Meanwhile, the coin is defying selling pressure and may break above $31.3k in the days ahead in...

Bitcoin_Analyzer

Past Performance Euro is bullish from the top-down preview. Presently, bulls are steady when writing, looking at the performance in the daily chart. Unless there is a total reversal of June 15 and 21 gains, the uptrend remains, and the immediate support line is at $1.900. The rejection of lower lows on June 27 invalidated the bearish outlook as price action...