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Daily Bitcoin and Crypto Analysis

Daily BTC Analysis

May 12, 2021

Bitcoin started the day on the front foot, with another test toward resistance at $58,800. Momentum slowed and prices reversed, holding around support at $56,600 before heading lower again. We currently sit on support at $54,200.

Daily BTC Analysis

May 11, 2021

If you're feeling a little frustrated at Bitcoin's lack of upside movement this week, it's probably a good day to take a step back and look at the bigger picture.

Daily BTC Analysis

May 10, 2021

Bitcoin has bounced along between support and resistance again today, with the continued battle of the bulls and bears proving a stalemate. In fact, all the action today has been in one place: Twitter.

Daily BTC Analysis: The Weekender

May 9, 2021

Welcome to the Weekender: Your weekly round-up of all the top news stories, as chosen by you, our readers. This week, the top spot was taken by another story of mass crypto adoption.

Daily BTC Analysis

May 6, 2021

Bitcoin's performance this week has the smell of a product desperate to go up. The reversal from the lows at $53,130 was a clear signal that alts aren't going to be allowed to have all the fun.

Daily BTC Analysis

May 6, 2021

Bitcoin has that Friday feeling. We are within touching distance of setting up a bullish weekend trading session, and with today's higher low, we just need a higher high to tilt the balance and set the tone.

Daily BTC Analysis

May 5, 2021

Another day of two halves saw Bitcoin start the day testing support at $53,130, found dip buyers laying in wait, and then marched on toward resistance at $58,800.

Daily BTC Analysis

May 4, 2021

The rally in Bitcoin has failed to maintain prices above our key level of $56,600, and the real test is now upon the bulls. For confidence in this bounce from $50,000 to be maintained, BTC will need to hold above today's lows of $53,130.

Daily BTC Analysis: The Weekender

May 2, 2021

Welcome to the Weekender: Your weekly round-up of all the top news stories, as chosen by you, our readers. This week, there has been one clear theme for the most-clicked news stories: PayPal.

Daily BTC Analysis

May 2, 2021

The beast certainly came to life this weekend as Bitcoin blew through a potentially sticky resistance area at $56,600 and hit the next level of resistance at $58,820 this morning.

Daily BTC Analysis

April 30, 2021

As we head into another potentially volatile weekend trading session, the mood has shifted. Last week it was fear, this week it's FOMO. Should Bitcoin break higher through $56,600, then the rally to $60,000 is on. This is no small task: $56,600 is likely to be the key area for short-term profit taking for those who braved the dip.

Daily BTC Analysis

April 29, 2021

Bitcoin has traded to the lower end of the range today, with $54,240 seeing small moves on either side as price action remained subdued. The key support level at $53,130 will start to feel some heat if Bitcoin cannot muster the strength to return to $55,000.