Market Overview: Bitcoin Futures Bitcoin reversal down attempt from a monthly chart resistance. During May, the price decreased its value by 7.89%. At the end of the first quarter of the current year (Q1) we have said that the closing price in March could be the most important price during the Q2; so far, the […]
Bitcoin consecutive dojis at 200-week SMA
Market Overview: Bitcoin Futures Bitcoin consecutive dojis at the 200-week Simple Moving Average (SMA). The price barely increased its value by 0.13% during the week. Bitcoin is testing a Head and Shoulders Bottom (HSB) breakout point, which is right below the 200-week SMA and the 20-week Exponential Moving Average (EMA). Traders still wonder if the bulls […]
Bitcoin Doji Bar and HSB Breakout Point Test
Market Overview: Bitcoin Futures Bitcoin futures doji bar and breakout point test of a Head and Shoulders Bottom (HSB). The price increased its value by 1.57% during the week. Bitcoin gapped up on Monday and ended the week trading at around its opening price, creating a weekly doji bar. Traders wonder if bulls will resume their […]
Bitcoin Test of Head and Shoulders Bottom Breakout Point
Market Overview: Bitcoin Futures Bitcoin test of head and shoulders bottom breakout point on the weekly chart. The price decreased its value by -11.02% during the week. Last week, instead of activating a bullish setup, the price reversed down and created a second leg sideways to down that happens after a bull breakout of a head and […]
Bitcoin Breakout Mode
Market Overview: Bitcoin Futures Bitcoin breakout mode and inside bar on weekly chart. The price increased its value by +0.71% during the week. Traders wonder if this is the beginning of a small pullback bull trend or if a bear leg and test down to the 2022 low is about to start. Bitcoin futures The Weekly […]
Bitcoin Consecutive Closes above 20-month EMA
Market Overview: Bitcoin Futures Bitcoin consecutive closes above 20-month EMA. Bitcoin futures increased its value +2.71% during April. Furthermore, during the month, the price achieved a 100% rally from 2022 lows. Bitcoin futures The Monthly chart of Bitcoin futures Analysis Trading The Weekly chart of Bitcoin futures Analysis Trading Market analysis reports archive You can access […]
Bitcoin Breakout Test of HSB
Market Overview: Bitcoin Futures Bitcoin breakout test of HSB (Head and Shoulders Bottom). This week, the price decreased its value by -11.16%. The next week is the last trading week of April; So far, April is a small bear reversal bar. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures […]
Bitcoin at 30000 Big Round Number
Market Overview: Bitcoin Futures Bitcoin at 30000 big round number. This week, the price increased by +9.05% of its value. The price closed above $30000 for the first time since May 2022. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You can […]
Bitcoin Q1 2023
Market Overview: Bitcoin Futures Bitcoin Q1 2023 Futures increased +73.94% its value during the first Quarter of 2023. Bitcoin is trying to resume the long-term bull trend, but sideways trading between $15000 and $50000 is more likely during the upcoming years. Bitcoin futures The 3-month chart of Bitcoin futures Analysis Trading The Monthly chart of Bitcoin […]
Bitcoin at June 2021 Low
Market Overview: Bitcoin Futures Bitcoin at June 2021 low. This week, the price increased by +2.86% of its value. There were trapped bulls at the June 2021 low who finally got their opportunity to exit their trade. A bear leg should follow. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of […]
