Tag Archives: BTC price dynamics

Bitcoin’s been on a tear, surging over 3% in the last two days and flirting with the $11,300 ceiling – the upper limit of its recent holding pattern. But is this rally about to run out of steam? As Bitcoin bumps against the upper Bollinger Band and a stubborn $11,400 resistance level, whispers of exhaustion are starting to circulate. Will …

Bitcoin oscillates with a downside, almost teetering on a $105,000 precipice, having just sidestepped a catastrophic downfall near $104,200. The daily charts show a coiled spring in the making–a corrective flag formation. But the good thing: the bigger picture is still bullish, encapsulated by key Fibonacci levels on higher timeframes. Is this just a break before the next big surge, …