CatalystsFinance

CatalystsFinance

Hello, dear subscribers! In the previous review we looked at bearish moods on the bitcoin market. For the last week the price has been in a correction movement after a sharp drop. The price range in the correction zone is $9,820 - $10,600. The resistance zone at the top is $10,600 - $10,800. In order to break bears the bulls need to get fixed above $10,800....

CatalystsFinance

Hello, dear subscribers! In the previous review, we reviewed the possible future movement of the bitcoin price. In the past days, bitcoin was traded in the range of 9,800 - 10,500. Currently, the price of bitcoin - 10,180. On the 4-hour chart support area - 9,500 - 9,700. We are in correction movement after the dramatic fall of the bitcoin price from 12,040 to...

CatalystsFinance

Hello, dear subscribers! In the previous survey we looked at the resistance zone breakthrough of $11,900 - $12,000 on the 4-hour chart. On the daily chart we see a wider resistance zone of $11,800 - $12,200. The bulls could not hold on above it and the Bitcoin price collapsed to $9,875 within two days. The current price of the Bitcoin is $10,200. The upward...

CatalystsFinance

Hello, dear subscribers! In the previous review we reviewed the price movement of Bitcoin in the trading zone $11,200 - $11,900. The price of bitcoin at that time was at the lower border of the zone. Bears failed to gain a hold below $11,200. As of today, the price of bitcoin is $11,900. The bulls are attacking the upper limit of the trading zone. If they...

CatalystsFinance

Hello, dear subscribers! In the last review we wrote that the bulls were testing the upper limit of the trade zone 11,800 - 11,900. After the bulls failed to pass an important border, the price of Bitcoin dropped to the lower border of the trading zone - 11,100 - 11,200. This movement formed a local downtrend. In case the bears managed to break through the...

CatalystsFinance

Hello, dear subscribers! In the previous review, we posted that the price of bitcoin entered the correction zone $11,300 - $11,900. Currently, the price of bitcoin is $11,790. The bulls are pushing the price to the upper limit of the range and trying to develop an attack at the level of $11,900. Closing a daily candle above $11,730 will be a good bullish...

CatalystsFinance

Hello, dear subscribers! In the previous review we looked at the future of the upward trend in the bitcoin market. Support levels for the global uptrend were indicated: $11,200 and $10,500. The current bitcoin price is $11,750. The bulls did not hold the price of the bitcoin above $12,000. Bitcoin is still in an upward trend, the price is in a wide trading...

CatalystsFinance

Hello, dear subscribers! In the last review we looked at the bull attack to the level of $12,000 as the most possible movement scenario in the bitcoin market. That's what happened. At the moment the price of bitcoin is 12,250. The bulls managed to gain a solid position above $12,000. The current support levels are $10,900 - $11,200 and $10,000 - $10,500. The...

CatalystsFinance

Hello, dear subscribers! In the last review we talked about that the price of bitcoin in the coming days will be in a wide range $10,700-$12,000. The need for this appeared after the impressive rise in the price of Bitcoin from $9,250 to $12,150 starting in mid-July. In order to continue growing and attack the resistance zone of $11,800 - $12,000 bulls need...

CatalystsFinance

Hello, dear subscribers! In the previous review we considered the possibility of bull attacking the resistance zone $11,800-$12,000 on the daily chart. The attack took place, but the bulls could not get through the resistance. The current price is $11,440. On the 4-hour chart we enter the wide trading zone - $10,700-$12,000. On the daily chart MACD and RSI...

CatalystsFinance

Hello, dear subscribers! In the previous report we have looked at the current up trend, we have marked the current support and resistance areas. The current bitcoin price is $11,860. At the moment the buyers are attacking the resistance zone $11,800 - $12,000. If the resistance zone is successfully overcome, the next bull's target will be the zone $12,300 -...

CatalystsFinance

Hello, dear subscribers! In recent days, the bulls were able to develop a large-scale attack and push the price of Bitcoin up to $12,123. In the previous review of the bitcoin market, we talked about the bulls approaching the $9,700 zone to attack the bears. After strengthening above $9,700, the bulls rose rapidly to $11,300 and then to $12,100. At...

CatalystsFinance

Hello, dear subscribers! The current price of Bitcoin is $9,690. We are located at the upper limit of Flat $9,300 - $9,600. On the 4-hour chart the price of Bitcoin is in an upward trend since July 21 and the price - $9,250. MACD and RSI indicators show overheating and weakening of the uptrend. Last week the bulls have an advantage over the bears, but the price in...

CatalystsFinance

Hello, dear subscribers! In the last review we considered the main bitcoin market situation - a flat with local support - $9,170. Currently, the price of bitcoin is $9,160. On the four-hour chart, we have fixed below the local support at $9,170, which indicates that the main priority at the moment is the short. On the daily chart we see that a signal for the...

CatalystsFinance

Hello, dear subscribers! In the last review we discussed the entry of the price of bitcoin in the flat zone $9,300-$9,600. For today the price of bitcoin is $9,270-$9,300. We are at the lower border of the flat zone. Over the past few days, the Bitcoin price has formed support $9,170-$9,200, the volatility has decreased, we are in a local bullish movement. An...

CatalystsFinance

Hello, dear subscribers! In the previous review of the bitcoin market we considered the possibility of price going from the descending channel to the zone $9,300-$9,600. That's what happened. At the moment the price of bitcoin is $9,390. On the 4-hour chart at the moment the price is in upward movement with the targets $9,560-$9,600 and $9,800. Technical...

CatalystsFinance

Hello, dear subscribers! In the previous review we considered the possibility of a short when the bitcoin price moves in the current price channel. At the moment the price of the bitcoin is $9,270, it is at the upper limit of the channel. When the day closes above the price channel, we can enter the flat area $9,300 - $9,600. In this zone, the bulls and bears...

CatalystsFinance

Hello, dear subscribers! In the last review we considered downtrend as the main possibility of bitcoin market trends. Today we will consider the daily chart. Starting from June 1, we see the formation of falling price peaks, which suggests that the bulls have less and less strength to raise the price. The price is in the descending channel, and as long as it...