Market Overview: Bitcoin Futures Bitcoin entering sell zone. During this week, the price increased by +14.21% of its value. Traders should expect a leg sideways to down testing 2022 lows starting within the next months. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports […]
Bitcoin Breakout Test of 20-week EMA
Market Overview: Bitcoin Futures Bitcoin breakout test of the 20-week EMA after a bull breakout. During the past week, the price decreased -7.28% of its value. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You can access all weekend reports on the […]
Bitcoin Attempt to Break Long-term Bull Flag
Market Overview: Bitcoin Futures Bitcoin futures attempting to break long-term bull flag. During January, the price increased +40.61% of its value. The price rallied strongly during the past month; now it is attempting to break the long-term bull flag, but the first attempt will likely fail. Bitcoin futures The Monthly logarithmic chart of Bitcoin futures Analysis […]
Bitcoin Testing 200-week Moving Average
Market Overview: Bitcoin Futures Bitcoin futures testing 200-week moving average. During the week, the price increased +4.15% of its value. Tuesday is the last day of the month; So far, the Bitcoin price is up in January by +39.85%. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis […]
Bitcoin Bull Reversal from Final Flag
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 […]