#XBT Price Analysis

Bitcoin must defend $7,000 to avert a possible spiral targeting $6,000. The formation of a symmetrical triangle suggests that a rally towards $8,000 is in the offing. Bitcoin has managed…

Bitcoin ability to defend the bullish flag pattern support will determine how far recovery goes towards $8,000. Bitcoin longs traders must decide to focus on longer time frames while ignoring…

Bitcoin reignites the down on reaction to the rising wedge pattern break. The bulls must defend $7,200 for dear life or less the price spirals back to $6,500. BitMEX margin…

A rising wedge pattern hints a breakdown of Bitcoin price below $7,000. Bitcoin must defend $7,400 support for dear life and focus on scaling the levels in the direction of…

Bitcoin is nurturing a bullish momentum above $7,000. A short term rising wedge pattern hints a reversal beneath $7,000. Bitcoin perpetual swap on BitMEX Margin trading platform is catching up…

$6,600 supports the only fence between Bitcoin and $5,000. The falling wedge pattern support must be protected at all cost as it could be the next bull rally determinant. Bitcoin…

Bitcoin defends $7,400 support but downtrend targets $7,200 before recovery ensues. The trading sessions before the weekend are likely to characterized by ranging or sideways trading activities. Bitcoin’s $8,000 support…

Bitcoin inches closer to a breakdown amid constricting Bollinger Bands and expanding volume. Bitcoin bulls must hold on to $8,050 for dear life as a drop under $8,000 could be…

Bitcoin bears swing into action confident of supporting drab technical picture. Bitcoin is on the verge of a major breakdown to recent lows around $7,300. Bitcoin futures trading is getting…

Bitcoin longs traders look forward to an almost certain falling wedge pattern breakout. Bitcoin short term trend clouded by a bearish bias; targets $8,000. Bitcoin perpetual swap contact longs traders…