Buyers tested $10000, raising the price for the day by 10%. BTC’s dominance in the crypto market has reached a critical level. Keeping $9200- $9400, BTC’s final growth target will be at $10500. The seventh of May in Bitcoin market was completely under buyers’ domination, they managed to pass the critical range $9200-9400. During the day, Bitcoin price rose by …
Buyers were able to set a new local high $9418. Trading volumes did not increase during the critical range test, market purchases were only 1% larger than sales. The basic scenario of correction to $8650-8850 remains in effect. The day passed according to the scenario of buyers yesterday and ended with local high update at the price $9418 in Bitcoin …
Buyers fixed above $6850. Closing today’s daily candle below $9000, sellers will have a chance to test $8850 again with continuation to $8650. Fixing above $9200-9400 buyers will open the way to $10500. Yesterday in Bitcoin market was a fight for $8850. After a local fall wave during 3-4 May, buyers began a gradual rise of Bitcoin price, slowing near …
The daily candle on 4 May closed by $35 below the opening price. The main liquidity zone of buyers is in the range $8700-8850. Fixing above $9050, buyers will significantly increase their chances to test $10,500. Yesterday’s communication between Bitcoin market participants on “whether the balance of power has changed” has reached a stalemate. As you can see from the …
Passing 20%, the weekly candle closed at $8900. Today, the price is trading below the range $8700-8850. If buyers keep $8400 they will have a new chance to test $9200-9400. Yesterday’s trading day on Bitcoin market ended with an attempt of buyers to continue growth and to fix in the range $9200-9400. However, sellers in this range were stronger and …
Buyers have a closed the daily candle above the range $8700-8850. Fixing above $9200-9400, the next target is $10,500. The critical point of the current trend of growth is $7700-8000. Yesterday, there was a fight for a key local range $8700-8850 on Bitcoin market. Throughout the day, buyers were dominating, preventing sellers from even approaching Bitcoin price $8700. For the …
Market participants continue to get into a power play in the range $8700-8850. Fixing below $8700, sellers will continue to fall to $8400. An alternative scenario is the test of $9200-9400. Yesterday’s trading day on Bitcoin market was in the expected price stop in the range $8675-8900. At the beginning of the day, Bitcoin price started growing, but the volumes …
Yesterday trading day was closed with a false breakdown below $8800. Reduced trading volumes increase the probability of correction to $7700-8000. The signal of global trend change will be a confident fixation above $9400. Yesterday’s Bitcoin trading day ended the month with a test of $9440 and the closing of the daily candle at $8631. Closing Bitcoin price below the …
Buyers tested the critical range $9300-9500. The main scenario is a correction to the range $7550-7700. Fixing today at $9500, the next target is $10,500. Yesterday’s trading day in Bitcoin market is difficult to call average and expected. During the day, buyers managed to raise Bitcoin price by almost 15%. The daily candle has closed almost without a pin and …
Buyers confidently break the mark $7700. The next likely buyers target is $8800. The critical point for the trend of buyers is the mark $7550. Yesterday’s trading day on Bitcoin market was the final one for the price consolidation corridor. Yesterday, sellers were unable to fix below $7700 and continue trading at least at the bottom part of the blue …
