Rachel Lee

Bitcoin is still trending higher as it forms higher lows and higher highs inside an ascending channel. Price is still hovering close to support, though, so traders might be deciding on a bounce or a break. A bounce could take bitcoin…

Bitcoin might be making another attempt to confirm the long-term double bottom reversal pattern as it heads back to test the neckline resistance. A break higher could confirm that a climb of the same height as the chart formation might…

Bitcoin is currently hovering at an area of interest at the middle of its range on the 1-hour time frame, still deciding whether to bounce to the top or head back to support. The 100 SMA is crossing above the longer-term 200 SMA to…

Bitcoin recently broke below a bearish flag continuation pattern to signal that further losses are in the works. Price could see a same drop as the height of the flag’s mast, which spans $4,300 to $3,800. The 100 SMA is still…

Bitcoin is still stuck in tight consolidation, bouncing off support around $3,835 and resistance at $3,950. Price is at the middle of its range and could be due for a breakout anytime soon. The 100 SMA is below the longer-term 200 SMA…

Bitcoin is still hovering at the area of interest right on the ascending trend line visible on the 4-hour time frame, still deciding whether to make a bounce or a break. Technical indicators are giving mixed signals on a continuation…