Futures contract, Technical analysis, Average, Moving average, Chicago Mercantile Exchange, Commodity market

Impending pennant breakout sets Bitcoin price back on the path to $14,000

On Oct 30, 2020
@Cointelegraph shared
RT @CointelegraphMT: #Bitcoin bulls are making another move toward $14,000 but the pennant resistance at $13,650 could present a short-term challenge for $BTC https://t.co/gSvtgk50jv
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Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000.

cointelegraph.com
On Oct 30, 2020
@Cointelegraph shared
RT @CointelegraphMT: #Bitcoin bulls are making another move toward $14,000 but the pennant resistance at $13,650 could present a short-term challenge for $BTC https://t.co/gSvtgk50jv
Open

Impending pennant breakout sets Bitcoin price back on the path to $14,000

Impending pennant breakout sets Bitcoin price back on the path to $14,000

Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000.

First Mover: What the Oil Price Collapse Means for Bitcoin’s Halving Valuation

First Mover: What the Oil Price Collapse Means for Bitcoin’s Halving Valuation

What does the crash in black gold mean for digital gold in the important weeks ahead?

Bitcoin Price Hovers Near $8,000 Ahead of Final CBOE Futures Expiry

Bitcoin Price Hovers Near $8,000 Ahead of Final CBOE Futures Expiry

Bitcoin’s recovery faced strong resistance on Saturday, as the largest cryptocurrency by market capitalization struggled to overcome the $8,000 price level after multiple attempts. The ...

Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk ...

Bitcoin forecast: Back to the drawing board

Bitcoin forecast: Back to the drawing board

Once again, Bitcoin bulls attacked critical resistance levels, and once again they failed. While bears have yet to prove their dominance with driving

Bitcoin Price Analysis: Bears Look to Trap Bulls Into Weekly Close

Bitcoin Price Analysis: Bears Look to Trap Bulls Into Weekly Close

As the Bitcoin price weekly candle draws towards a close for the week we take a look at what the performance over the week looks like going into the final As the Bitcoin price weekly candle ...

Once Bitcoin Price Closes Month Above $14,000, BTC May “Never Look Back”

Once Bitcoin Price Closes Month Above $14,000, BTC May “Never Look Back”

After entering a month-long lull, the Bitcoin (BTC) price has begun surging yet again. As of the time of writing this, the cryptocurrency is trading at

The Smart Money Doesn't Believe In Bitcoin's Rally

The Smart Money Doesn't Believe In Bitcoin's Rally

Bitcoin's April rally excludes one telling group of investors – the smart money. The Commitment of Traders report on bitcoin futures shows institutional investors (aka "the smart money") ...

Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months

Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months

Bitcoin may not break $10,000 for some time as several metrics point to possible pullbacks to under $9,000

Bitcoin Price & Technical Analysis: BTC Cannot Help Selling

Bitcoin Price & Technical Analysis: BTC Cannot Help Selling

On Thursday, October 24th, the BTC keeps falling, trading around $7394.68.

Bitcoin Price Analysis - Price goes south on slew of positive news

Bitcoin Price Analysis - Price goes south on slew of positive news

The BTC network has never been subject to the levels of institutional interest currently being observed. Globally, stock exchanges, derivative markets, and commerce solutions are ...

Bitcoin Price Dumps Can Be Identified by One Simple Method, Notes Analyst

Bitcoin Price Dumps Can Be Identified by One Simple Method, Notes Analyst

The Bitcoin price often creates repetitive patterns that can be identified to predict future price movements. Let's examine one.