Bitcoin (BTC) Price Near $15,310.12; 2 Day Down Streak Broken, in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Bitcoin
(Last Updated November 27, 2020)
Hello! This is the news page for Bitcoin. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
On BTC, there is currently an uptrend on the 90, 30 and 14 day timeframes.
BTC Moving Averages
Across several time periods between 20 and 200 days, the trend on BTC has remained consistently bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, BTC’s price is down $-1528.2 (-8.17%) from the week prior. It’s been a feast for bulls operating on the weekly timeframe, as BTC has now gone up 4 of the past 5 weeks. As for the trend on the weekly timeframe, we see the clearest trend on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a bearishness in price, as the 20, 50 and 100 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The weekly chart below shows BTC’s price action over the past year.
Bitcoin (BTC) Price Near $15,828.04; in an Uptrend Over Past 30 Days, Heads Up For the 3rd Day In A Row
Bitcoin outperformed all 7 assets in the top cryptos asset class since the previous day.
Bitcoin (BTC) Closes Prior Hour Up 0.38%; Heads Up For the 2nd Consecutive Day, Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 14 Days
Or to view things another way, note that out of the past 30 days bitcoin’s price has gone up 22 them.
Bitcoin (BTC) Price Near $13,777.39; 2 Day Down Streak Ended, in an Uptrend Over Past 30 Days
You would need an investment to give you a rate of return of 2300% in order to amount $10k in 7 months.
Bitcoin (BTC) Price Near $13,559.62; Moves Down For the 2nd Day In A Row, in an Uptrend Over Past 30 Days
The change in price came along side change in volume that was up 58.03% from previous day, but down 1.71% from the monday of last week.
Bitcoin (BTC) Price Near $13,783.68; in an Uptrend Over Past 30 Days, 3 Day Up Streak Snapped, Pin Bar Pattern Appearing on Chart
Bitwise, which offers crypto-based index funds to financial advisers, hedge funds and family offices, saw its assets under management rise to $100 million as of wednesday from about $70 million in june, mr.
Bitcoin (BTC) Closes Last Hour Up $11.96; Moves Up For the 3rd Day In A Row, in an Uptrend Over Past 30 Days
This is a reversal of the price action on the previous hour, in which price moved down.
Bitcoin (BTC) Closes Last Hour Down $-24.25; Moves Up For the 2nd Day In A Row, in an Uptrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart
Secretary of state michael pompeo announced fresh sanctions against 18 iranian banks on october 8.
Bitcoin (BTC) Price Near $13,609.99; in an Uptrend Over Past 30 Days
Us, which is open to american investors, does not allow highly leveraged crypto-derivatives trading, which is regulated in the u.s.
Bitcoin (BTC) Closes Prior Hour Down -0.48%; 2 Day Up Streak Broken, in an Uptrend Over Past 30 Days
Based on the current technical momentum of bitcoin and the market sentiment around it, pal said precious metal investors could “flip to btc.”