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XBT/USD price chart
Price Analysis
XBT/USD price chart
Price Analysis

XBT/USD Analysis: Is This The Time to Long On Bitcoin Targeting $8,600? BitMEX Margin Trading

Descending channel support has been tested severally; upward breakout could catapult Bitcoin to $8,600. The short-term trend is bearish but strong support exists at $7,700.

Descending channel support has been tested severally; upward breakout could catapult Bitcoin to $8,600. The short-term trend is bearish but strong support exists at $7,700.

Image of Bitcoin withstanding the heat while USD burns out
Price Analysis
Image of Bitcoin withstanding the heat while USD burns out
Price Analysis

Bitcoin Price Analysis: BTC Second Pennant Pattern Consolidation Eyes $7,500

Bitcoin forms the second pennant pattern in two days suggesting further losses are inevitable. Most cryptocurrency analysts including Forbes’ Naeem Aslam Bitcoin downtrend is far

Bitcoin forms the second pennant pattern in two days suggesting further losses are inevitable. Most cryptocurrency analysts including Forbes’ Naeem Aslam Bitcoin downtrend is far