Tags : Uptrend

Bitcoin

Bitcoin Bulls Risk Losing Uptrend Line From Sub-$20K

Bitcoin price is back under $57,000 after losing an important trend line that has supported the cryptocurrency’s now historic uptrend. The critical uptrend line began just after the leading cryptocurrency by market cap cracked back above $20,000 for the first time, and it never looked back since. Losing such a line, however, could lead to […]Read More

Bitcoin

Bitcoin Weekly Outlook: Rising Yields Continue to Threat Uptrend

It happened last weekend. Bitcoin managed to close above $40,000 for the third time since January 8. But again, the benchmark cryptocurrency got bull-trapped by daytraders who sold off the said level to secure short-term profits. As a result, Bitcoin opens the new week in a negative area, with traders still assessing its short-term market […]Read More