Tag: Bitcoin price analysis

Bitcoin price analysis on the daily chart for Feb 11, 2022, confirms that the world’s biggest cryptocurrency has dropped nearly 2% in the past 24 hours as the token was unable to break into the $45K level price region, as seen in our Bitcoin price analysis for Feb 10, 2022.  The data from CoinMarketCap shows that the trading […]

Bitcoin price analysis for Feb 10, 2022, confirms that the resistance of $45k has prevailed, and the bulls were unable to push through once again. Moreover, the world’s biggest cryptocurrency has been bearish after reclaiming $44K, as seen in our Bitcoin price analysis on Feb 9, 2022. The popularity of cryptocurrency has been on the rise […]

Bitcoin price analysis on the daily chart for Feb 9, 2022, confirms that the token has fallen 2% from the previous resistance of $45K. As per our Bitcoin price analysis for Feb 8, 2022, BTC aimed to break the resistance zone of $45K-$48K but was unable to push through. However, the current price level of $43K […]

Bitcoin price analysis for Feb 8, 2022, comes with a bullish outlook for investors as the world’s biggest cryptocurrency is now aiming for a $45k-$48k price resistance zone. The price of BTC successfully broke above $43k, and at the time of writing, the price of 1 BTC was $44.2k. Bitcoin payments have become widely popular mostly […]

Bitcoin price analysis for Feb 7, 2022, shows that the world’s biggest cryptocurrency now aims to challenge the resistance level of $43K. This is an important zone for the prices which were lost during early January. It is to be noted that as per a previous report from TheCoinRise, the $42K-$43K is an important support zone […]

Bitcoin price analysis for Feb 6 confirms that Bitcoin is stuck at $41.4K, which seems to be new support for the world’s biggest cryptocurrency. Moreover, it is also important to note that the surged from 41,038.10 to $41,847.16 in the last 24 hours. Meanwhile, the hopes of Grayscale for approval of the conversion of GBTC into […]

The crypto market has been extremely volatile this week too. However, as the week ended, Bitcoin gave a vicious surprise to investors as the entire crypto market emerged from its bearish trend. At the time of writing, the market cap of the entire crypto market stands somewhere around $1.9 trillion while Bitcoin is the most […]

Bitcoin price analysis for Feb 4 brought a surprise for investors as the world’s biggest cryptocurrency reclaimed $41K, a major region of resistance and support for the token. Moreover, BTC dropped below $41K as per our Bitcoin price analysis for Jan 19, 2022. The next resistance zone for the stands between $42K and $43K, as per […]

Bitcoin price analysis for Feb 4 shows the formation of a second green candle for the world’s biggest cryptocurrency. On the whole, the trend seems to be optimistic for Bitcoin, which is still aiming to turn $37.5K in support. Moreover, we witnessed BTC fall below $37K in our Bitcoin price analysis for Feb 3, but since […]

Bitcoin price analysis for Feb 3, 2022, shows that BTC was unable to push through $39K and, as a result, fell to the nearest support at $36.9K. In our BTC price analysis for Feb 1, we saw BTC reach as high as $39K, but it seems that the bulls were unable to push through.  The data from CoinMarketCap […]

Bitcoin price analysis for Feb 2, 2022, confirms that BTC has made $38.2K as its support. The prices rallied towards $39K in the last 24 hours after MicroStrategy bought 660 BTC, but the resistance of $39K remained unbroken. In order to confirm a move above $40K, Bitcoin needs to break above $39K. The price of BTC […]

The world’s biggest cryptocurrency ended January 2022 on a bearish note, as TheCoinRise reported in its Jan 31st report. However, it seems that as per our Bitcoin price analysis for Feb 1, 2022, BTC is aiming for higher price levels as it has reclaimed $38K and now aims for $40K.  The trading volume of Bitcoin rose […]

Bitcoin price analysis for Jan 31, 2022, comes with the acknowledgment of the fact that BTC monthly candle for January is ending at a 19% loss as compared to the month of December. The prices did move upwards to $51K due to the Santa Rally in December but have since then declined by a significant amount.  The […]

Bitcoin price analysis for Jan 30, 2022, suggests a continued struggle between bulls and bears. Recently, Bitcoin fell below its support zone between $42K-$43K and reached a low price of $33K. Since then, the prices have steadily surged, and as per our BTC analysis from Jan 29, Bitcoin is back above $37.5K. The data from CoinMarketCap shows that the trading […]

Bitcoin price analysis for Jan 29, 2022, shows that the world’s biggest cryptocurrency has reclaimed the previous support of $37.5K. On the other hand, as per our BTC price analysis of Jan 28, BTC had already reclaimed $36K. This means that the possible way to go now is either $40K or back to $35K.  The data from CoinMarketCap […]

Bitcoin is back above $36K once again despite the news of the rejection of Fidelity’s Wise Origin Bitcoin Trust Spot ETF Application by the SEC. The world’s biggest cryptocurrency is once again aiming for $37.5K as of Jan 28, 2022. Let’s dive deeper into the Bitcoin price analysis for today. The data from CoinMarketCap shows that the trading volume […]

Bitcoin price analysis on the daily chart for Jan 27, 2022, comes with a bearish price trajectory as the world’s biggest cryptocurrency dipped by nearly 4.5% in the last 24-hours. Despite reclaiming $38K on Jan 26, the token was unable to move upwards.  The data from CoinMarketCap shows a 17.17% surge in trading volume followed by a 4.47% […]

Bitcoin price analysis for Jan 26, 2022, suggests that the world’s biggest cryptocurrency is aiming for $40K for today. Bitcoin reclaimed $38K and is up by nearly 4% in the last 24-hours. It seems that the bottom for Bitcoin has arrived.  The data from CoinMarketCap shows that the trading volume for Bitcoin has dropped by nearly 29.39% in […]