Market Overview: Bitcoin Futures Bitcoin futures are reversing up from a final flag pattern, a Bitcoin bull reversal. During the week, the price increased +14.53% of its value. The current rally is the biggest one since 2021. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading […]
Bitcoin testing 20-week EMA
Market Overview: Bitcoin Futures Bitcoin futures are testing the 20-week exponential moving average (testing 20-week EMA). During the week, the Bitcoin price increased +15.71% of its value. After 8 weeks of extremely low volatility, traders wonder if this is the start of a large move. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading […]
Bitcoin First Week of 2023
Market Overview: Bitcoin Futures Bitcoin futures gapped up on the open of the Bitcoin first week of 2023 and ended with a +2.18% gain. During the last report, we explained in detail how the annual and monthly charts might influence the long-term landscape for Bitcoin. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading […]
Bitcoin 2022 Closure
Market Overview: Bitcoin Futures Bitcoin futures started trading 2022 at a price of $47120; By the end of the year, it closed at $16535: the Bitcoin 2022 Futures price dropped almost 65% during the past year. Bears were strong during the first half of 2022; during the second half, their strength diminished by trading sideways. […]
Bitcoin Sideways within Tight Range
Market Overview: Bitcoin Futures Bitcoin sideways within tight range. The next week is the last trading week of the year, and the closing price of the yearly candlestick will become of paramount importance for traders during 2023. By the end of June, we have said that the second most influential price within any year, is […]
Bitcoin Outside Down Bar and Low 1
Market Overview: Bitcoin Futures Bitcoin futures begun the week trading higher and then, by the end of the week, reversed down – a Bitcoin outside down bar. The year is about to end and the bears -that controlled the price action during 2022- want to close at the lows. Bitcoin futures The Weekly chart of […]
Bitcoin Futures Trading Sideways
Market Overview: Bitcoin Futures Bitcoin futures trading sideways during the week. The final flag bull setup triggered a few weeks ago still in play while the price is within a bear channel. Bitcoin futures The Weekly chart of Bitcoin futures The Daily chart of Bitcoin futures Market analysis reports archive You can access all weekend […]
Bitcoin Testing Major Breakout Point
Market Overview: Bitcoin Futures Bitcoin futures traded down during November, with Bitcoin testing major breakout point. Current prices are attractive for traders because of the importance of the price levels that are around. Bitcoin futures The logarithmic Monthly chart of Bitcoin futures The Weekly chart of Bitcoin futures Market analysis reports archive You can access […]
Bitcoin ii after Bear Breakout
Market Overview: Bitcoin Futures Bitcoin futures ii after bear breakout and still trading around a major price level, which is the 2017 close. Traders consider that the current area is a sweet spot for trading. Next week is the monthly bar close; so far, November is a bear bar with a prominent tail on both […]
Bitcoin Trading around Major Price Level
Market Overview: Bitcoin Futures Bitcoin futures are trading around major price level, which is the 2017 close. After 5 years of trading at the Chicago Mercantile Exchange, the Bitcoin futures test a price that acted as the hardest resistance before the major bull trend that occurred after COVID-19 crash. Bitcoin futures The Weekly chart of […]