Bitcoin

Sunday, May 19, 2024

Bitcoin Price Analysis: During this Cold Week, will Bitcoin & Memecoins regain momentum?

May 18, 2023October 28, 2023 3 mins Vishal Dixit bearish, bitcoin, blockchain, breakout, bullish, candle, crypto, ema, holders, intraday, investing, long-term, memecoin, short-term, tips, web3

Overcoming the Monday blues, Bitcoin started this week by resurfacing above the $27k level and helping investors take a breath of relief. With lower price rejection over the weekend and the support of the 50-day EMA, the oldest and the biggest crypto as per market cap absorbs the last week’s supply.

However, the technical analysis of the Bitcoin chart shows a consolidation phase in motion that retests the broken zone. Will this restart the bear frenzy leading to a sharp decline or the buyers will continue to HODL?

Bitcoin Technical Analysis

Bitcoin Price Analysis: BTC Falls to $27K, but a Bull Run Signal Shines – Here’s What Needs to Happen!

April 25, 2023April 28, 2023 2 mins Vishal Dixit bearish, breakout, bullish, candle, crypto, ema, holders, investing, long-term, short-term, tips, web3, XRP

The largest cryptocurrency by market cap failed to uphold its trading price above the $30K level due to exhausted buyers. Trading at discounted rates, the crypto glues to crucial support levels and plans to outwait this correction before restarting the uptrend

With growing FUD (fear, uncertainty & doubt) in the market, will buyers hold a chance to retaliate? Read the article below to crack the code.