TA: Bitcoin Trims Gains, Why BTC Could Start Fresh Decline

Bitcoin extended decline and traded below $29,000 against the US Dollar. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin started a fresh decline from the $30,500 resistance zone. The price is now trading below the $30,000 level and the 100 hourly simple moving average. There was … Read moreTA: Bitcoin Trims Gains, Why BTC Could Start Fresh Decline

TA: Bitcoin Gains Momentum, Why Break Above $30K Is Crucial

Bitcoin dived towards the $25,000 support zone against the US Dollar. BTC is now recovering and might eye an upside break above the key $30,000 resistance zone. Bitcoin found support above $25,000 and started an upside correction. The price is still trading below $30,000 and the 100 hourly simple moving average. There is a major … Read moreTA: Bitcoin Gains Momentum, Why Break Above $30K Is Crucial