Bitcoin technical analysis 20.10.2020: Support did its job
20/10/2020
Seems like the important support level at $10k-10.5k held strong and now we have seen a nice little up move from there. As we can see from the weekly chart
Technical analysis 2.10.2020: I am bullish but might turn slightly bearish
02/10/2020
The Bitcoin market looks overall bullish. We are not going up at the moment, but we are consolidating and holding above the important supports. I try to explain what needs
Technical analysis 16.9: Bitcoin price is testing an important support level
16/09/2020
We have seen a small move down in the past few weeks and the price has tested an important support level. On the weekly chart we see that this down
Technical analysis 18.8: The bull is strong
18/08/2020
The bull trend continues strongly. The break of $10.5k level was a solid breakout like I wrote on the previous analysis. I’ve been writing about the importance of this $10.5k
Technical analysis 4.8.2020: Bullish breakout in the bitcoin market
04/08/2020
Like I predicted in the previous analysis, the market indeed is bullish. Finally the consolidation period has ended and we got a nice breakout above the important $10.5k level. Let’s
Technical analysis 15.6.2020: Bitcoin price still inside a tight range
15/06/2020
Bitcoin price hasn’t moved much in the recent weeks. We are consolidating strongly inside a tight range. While the market is not trending it is better to sit on your
Bitcoin technical analysis: Is the breakout here?
02/06/2020
Bitcoin price has been inside boring range for some time now, not much happening, but on Tuesday it broke $10k and could be going for the important $10.5k next. Let’s
Bitcoin up over 150% from yearly bottom and the trend looks strong
18/05/2020
Bitcoin price has been going mostly sideways for the past few weeks, but now it seems that the up trend from $3.8k bottom is going to continue even stronger. Last
Bitcoin has a good setup for a strong rally
04/05/2020
April was very good for bitcoin after the big red margin long cascade seen in March. The month closed above the red ones opening price. This is called an engulfing
High volatility range after the bottom
06/04/2020
In the previous analysis I wrote mostly about the long term picture, but at the end I predicted: ‘What comes to short to mid term price action I think the
