Bitcoin Price Breaks Medium-Term Resistance after Surging 8% Near $4,000

The Bitcoin market came back on its bullish track during the February 18’s trading session. The Bitcoin-to-Dollar rate (BTC/USD) on Monday established an intraday high towards 3917, up 8.08% since the open. The pair rallied through the Asian session and continued its upside momentum after the European market opened. Around 1600 UTC, BTC/USD also broke through a strong resistance trendline of the medium-term triangle pattern discussed in our Bart Simpson analysis. Have a look: Last week, we had left the Bitcoin market in a bias conflict. The cryptocurrency was forming what looked like a bull flag. Nevertheless, as the flag

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Bitcoin Price Continues Medium-Term Decline

Bitcoin price slipped over the edge during weekend trade. Analysis looks at the basic chart indications and potential decline targets. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Sunday Bitstamp 4-Hour Candle Chart From the […]

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Bitcoin Price In Medium-Term Decline

Bitcoin price slipped over the edge during early Sunday trade. Analysis looks at a few basic chart indications and potential decline targets. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Bitstamp 4-Hour Candle Chart From […]

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