The technical analysis on a daily chart is showing us that Bitcoin is in a healthy long-term uptrend because it's making new higher lows and aiming to pass the previous higher high.
The pullback was made right into the "golden zone" on a Fib ret.
We are seeing Bitcoin continuing the uptrend and aiming for the 68k target.
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The whole cryptocurrency market is in red waters now for the second day in a row. Bitcoin's massive drop from its recent high of $61,000 by $9,000 to the current $51,500 and going for the $50,000 major support is the main reason other cryptocurrencies are following the same path. Bitcoin is facing its longest losing streak since December last year as much as the...
The bulls quickly took the EUR/GBP pair higher from a big support area (around 0.8550) on the four-hour chart above, taking it back to a fast bearish reversal point from last week (0.8635).
If the data disappoints in general, the bearish technical signal may trigger a short-term bearish reaction on EUR/GBP. With a regular ATR of about 50 pips, a switch from...
-Bitcoin had a great rally this week reaching a new historical high at over $61,000 helped by the U.S. dollar's weakening after the Federal Reserve 's FOMC statement.A corection started droping it's price to $56,000 at the moment of writing, but the daily trend is still bullish with it's next target to over $70,000
-Bitcoin keeps getting attention from big...
