Technical Analysis
Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.
By Omkar GodboleJul 26, 2023
Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
By Glenn Williams Jr.Jul 25, 2023
Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
By Glenn Williams Jr.Jul 21, 2023
Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
By Glenn Williams Jr.Jul 20, 2023
XRP Moving Above 'Cloud' Resistance Is Bullish Precedent for Bitcoin: Analyst
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.
By Omkar GodboleJul 20, 2023
Can Bitcoin Break Out of Its Funk? The Answer Appears to Be No
While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
By Glenn Williams Jr.Jul 19, 2023
Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
By Glenn Williams Jr.Jul 18, 2023
XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets
Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory
By Glenn Williams Jr.Jul 14, 2023
Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
By Glenn Williams Jr.Jul 13, 2023
Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K
While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm
By Glenn Williams Jr.Jul 12, 2023