Bitcoin Price Analysis

Bitcoin could be due for an even bigger climb as it breaks past the neckline of the complex inverse head and shoulders on the 4-hour time frame. Price is closing above the $3,900 mark and might go for an uptrend that’s the same…

Bitcoin broke above its short-term descending channel to confirm that the climb is gaining traction. This also completes a breakout from the bullish flag continuation pattern, indicating that a climb of the same height as the mast is…

Bitcoin continues to trend lower inside a short-term descending channel on its 1-hour time frame. Price recently bounced off support but continues to tread sideways as it tests the mid-channel area of interest. The 100 SMA is above the…

Bitcoin is still treading sideways in a short-term consolidation that looks like a bullish flag pattern. This is around the top of the descending channel visible on the 4-hour time frame, which explains why there is a lot of…

Bitcoin finally broke out of its downtrend as it surged above the descending trend line to signal that a reversal is due. However, price is turning at the $3,800 resistance so a correction to the broken trend line might take place…