XBT Price Analysis

XBT/USD Analysis: Bitcoin Delays Breakdown But $6,000 Still Beckons – BitMEX Margin Trading

Bitcoin must defend $7,000 to avert a possible spiral targeting $6,000. The formation of a symmetrical triangle suggests that a…

Can Bitcoin Defend Channel Support And Push Above $7.5k – BitMEX Margin Trading

Bitcoin ability to defend the bullish flag pattern support will determine how far recovery goes towards $8,000. Bitcoin longs traders…

XBT/USD Analysis: Bitcoin Drab Price Action Eyes $6,500 – BitMEX Margin Trading

Bitcoin reignites the down on reaction to the rising wedge pattern break. The bulls must defend $7,200 for dear life…

XBT/USD Analysis: Bitcoin Price Return Under $7,000 Inevitable – BitMEX Margin Trading

A rising wedge pattern hints a breakdown of Bitcoin price below $7,000. Bitcoin must defend $7,400 support for dear life…

XBT/USD Analysis: Bitcoin Paces Past $7,200 On Renewed Bullish Interest – BitMEX Margin Trading

Bitcoin is nurturing a bullish momentum above $7,000. A short term rising wedge pattern hints a reversal beneath $7,000. Bitcoin…

XBT/USD Analysis: Bitcoin Tests $6,600 Support As $5,000 Comes Calling – BitMEX Margin Trading

$6,600 supports the only fence between Bitcoin and $5,000. The falling wedge pattern support must be protected at all cost…

XBT/USD Analysis: Is $7,200 Bottom Bitcoin Has Been Hunting For? BitMEX Margin Trading

Bitcoin defends $7,400 support but downtrend targets $7,200 before recovery ensues. The trading sessions before the weekend are likely to…

XBT/USD Analysis: Where Is This Consolidation Leading Bitcoin BitMEX Margin Trading?

Bitcoin inches closer to a breakdown amid constricting Bollinger Bands and expanding volume. Bitcoin bulls must hold on to $8,050…

XBT/USD Analysis: Why The Odds Against Bitcoin Recovery Intensify? BitMEX Margin Trading

Bitcoin bears swing into action confident of supporting drab technical picture. Bitcoin is on the verge of a major breakdown…

XBT/USD Analysis: Bitcoin On Verge Of A Breakout To $10,000 – BitMEX Margin Trading

Bitcoin longs traders look forward to an almost certain falling wedge pattern breakout. Bitcoin short term trend clouded by a…

XBT/USD Analysis: Triangle Breakout Targets $10k But Where Are The Bulls? BitMEX Margin Trading

Bitcoin lags reaction to a triangle breakout; bulls stay in hibernation. The resistance at $9,600 must get into the rear…

XBT/USD Analysis: Bitcoin Hunting For A Buy Zone, Is It Time To Long For BitMEX Margin Trading?

Bitcoin settles in a consolidation range between $9,000 and $9,000 before the next breakout. Investors get ready to buy Bitcoin…

XBT/USD Analysis: Consolidation Steps But What Is The Long-term View Bitcoin? BitMEX Margin Trading

Bitcoin futures contract trading restricted in a range between $9,000 and $9,500. The support at $9,000 must be defended at…

Bitcoin Tip Toes Towards $10,000 as BitMEX Liquidations Hit $4.6 million

BitMEX Bitcoin futures contract volume spikes with long traders remaining bullish. The majority of technical indicators suggest that the bulls’…

XBT/USD Analysis: Bitcoin Momentum Stalls But Is $10,000 Recoverable?

Bitcoin futures contract stalls recovery from $9,000. Open Interest continues to grow even as volatility remains low. BTC/USD perpetual inverse…

XBT/USD Analysis: Bitcoin At The Beginning Of A Ruthless Ride To $6,400 – BitMEX Margin Trading

Bitcoin plunges to $7,300 after breaking the rectangle pattern support. Bitcoin recovery remains lethargic; characterized by shrinking volatility and low…

$6,400 Beckons As Bitcoin Forms A Choppy Rectangle Pattern – BitMEX Margin Trading

Bitcoin risk of plunging to $6,400 becomes apparent with the formation of a rectangle pattern. Following the shallow recovery from…

XBT/USD Analysis: What Next for Bitcoin After Rejection From The $8,000’s? – BitMEX Margin Trading

Bitcoin makes a quick return to $7,800 as the crypto market endures minor bloodshed. In the long-term Bitcoin looks extremely…

XBT/USD Analysis: Bitcoin Dancing At The Edge Of High Cliff as $7,000 Lingers – BitMEX Margin Trading

Bitcoin stares into a possible breakdown to $7,000. Bitcoin bulls must defend $8,000 support and push for correction above $8,400.…

XBT/USD Analysis: XBT/USD Up-thrust Unstoppable to $8,600? BitMEX Margin Trading

Bitcoin broke out of the descending channel resistance extending the bullish action above $8,300. The current short-term retreat will find…