NewsletterBTCUSD Price Analysis: Bitcoin Again In Bullish Range, Finds Support At The EMAs
BTCUSD price has found support at the 200-EMA which is a good sign and also it provided a bullish EMA crossover in the past which is holding the trending up.
BTCUSD Price Analysis: 1 D Chart
For now, BTCUSD is forming this huge parallel channel where it has the possibility to form a bullish flag when the flag confirms to the upside.
The volume is decreasing which means it can increase in volume and volatility soon. After the trend has confirmed we will see how bullish BTCUSD really is. The RSI is sending moderate signs where it is consolidating in the middle line this can
mean it will visit the oversold or overbought region when the price is trending.
The MACD shows some mixed signs where it confirmed a bearish crossover but this was not really valid because the MACD is slinging in one and another.
- TREND: Sideways, support found
- FORMATION: Possible Bull-Flag
- EXPECTATION: Breakout
- PREV: 9009.30
- OPEN: 9008.33
- VOLUME: 3.073K
- DAY’S RANGE: 8933.06 — 9191.72
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitamp Wallet Review: User-friendly Web Wallet for Bitcoin Transactions
- Breaking: First U.S. Chainlink ETF Goes Live as Grayscale Launches ‘GLNK’
- Breaking: SEC Chair Reveals Innovation Exemption for Crypto Firms Could Start in January
- WhiteBIT Enters U.S. Market, Unveils High-Impact Times Square Campaign
- “Forget the 4-Year Cycle” Grayscale Says, Projects 2026 as Bitcoin’s Breakout Year
- Ethereum Price Prediction: ETF Outflows Hit $79M as Institutional Accumulation Surges
- Pump Coin Price Jumps 10% as Whale Accumulates $23.5M; What’s Next?
- XRP Price Prediction as Ripple Gets MAS Licence in Singapore
- Ethereum Price Crashes Below $3,000 as $500M Longs Liquidated: What’s Next?
- Pi Network Price Prediction Ahead of December’s 190M Scheduled Unlock
- Dogecoin Price Below $0.15 as Crypto Market Crashes: Will $0.10 Hold?
