bit4bit

Similar to the weekly simple moving averages chart we can see a resistance near the 7k price level on the daily chart, using 50 days / 100 days / 200 days to analyze mid-term and long-term development.

Simple moving averages on the weekly chart using fibonacci numbers 13, 21, 34 show a formidable resistance near the 7k level. It will be not easy to break through this resistance. A whale buying in or

Ichimoku cloud on the weekly chart shows only major trends. For almost three years, till mid-2018 the Bitcoin price managed to stay above. Current resistance level is at about 10k, but time is playing

Ichimoku cloud on the daily chart indicates resistance. The price crossed the ichimoku cloud several times since January, but fell back below it each time. If we don't see a bullish breakout this month,

RSI has been between 40-50 on the weekly chart the last couple of months. It never entered oversold territory though. Is this the bottom? No one can tell for sure. The last bear market saw a RSI value

RSI on the hourly chart is just above 70, which means it is entering overbought territory. Spikes above 80 however are not unusual with Bitcoin. Disclaimer: I am not a financial advisor. The crypto market

Bollinger Bands are very narrow. This may indicate that a period of high volatility is ahead. Disclaimer: I am not a financial advisor. The crypto market is very volatile, make your own conclusions and