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 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 […]
Bitcoin Huge Bull Breakout Surprise Bar
Market Overview: Bitcoin Futures Bitcoin huge bull breakout surprise bar. This week, the price increased by +34.07% of its value. It is the biggest increment in a week since the first weekly candlestick of 2021: After that candle, the price ended up rallying +61.64%. What is different this time? At the left of the surprise bar, […]
Bitcoin consecutive bear bars
Market Overview: Bitcoin Futures Bitcoin consecutive bear bars. This week, the price decreased by -9.67% of its value. A leg down started after entering the sell zone a couple of weeks ago. Traders expect trading range price action for the upcoming months instead of a bear trend resumption. Bitcoin futures The Weekly logarithmic chart of Bitcoin futures […]
Bitcoin Futures Doji Bar
Market Overview: Bitcoin Futures Bitcoin Futures doji bar following bull flag breakout. During February, the price barely increased +0.69 of its value. Bitcoin is attempting to reverse a tight bear channel. So far, Bulls achieved some milestones and hence, limited the downside risks. Bitcoin futures The Monthly chart of Bitcoin futures Analysis Trading The Weekly […]
Bitcoin Reversal Patterns at Resistances
Market Overview: Bitcoin Futures Bitcoin reversal patterns at resistances. This week, the price decreased by -6.13% of its value. The upcoming week is the monthly close, so far, February is a doji bar. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You […]