After a strong 10-day run of green candles, Bitcoin has retraced this week and has been broadly ranging after reaching a high of $42,000. Price fell short of the 128DMA and 200DMA which are both clear resistance targets for traders as Bitcoin tries to recover from the May market crash…


Bitcoin has been trapped in consolidation for 65 days, following an 81-day distribution and the subsequent sharp decline from the $50k level.

After a rather aggressive selloff last week with a concluding push into support at the 29k level on Monday, support was indeed found and the price reverted back…


Bitcoin has continued to keep the market guessing as it weighs heavy at the bottom of its 3-week range between $30,000 — $36,000.

On the Daily chart, the Moonraker indicator is showing that we are currently trending down, having offered a near-term short trade opportunity since pushing away from the…


Market Update — 9 July — Bitcoin, Dominance, and Defi

Bitcoin is once again testing major weekly support as concerns in traditional markets weigh heavy on crypto.

This will be the third time since the May crash, nearly two months ago now, that price has tested that key support level.

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