• Eric Guerr
• June 12, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could take longer before buying coins back again is a profitable strategy. That’s because the top cryptocurrency is struggling to hold above the middle-Bollinger …

• Eric Guerr
• June 10, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started a steady increase above the $35,000 and $36,000 resistance levels. The price is currently well above $36,000 and the 100 hourly simple moving average. There was a break …

• Eric Guerr
• June 8, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price failed to stay above the $35,000 support against the US Dollar. BTC is declining and it is likely to extend losses below $33,000 in the short-term. Bitcoin started a fresh decline after it broke the $36,500 and $36,000 support levels. The price is currently well below $36,000 and the 100 hourly simple moving average. There was a break …

• Eric Guerr
• June 7, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering higher from the $35,000 support zone. The price is currently well below $37,000 and the 100 hourly simple moving average. There was a break above a key bearish …

• Eric Guerr
• June 4, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price climbed above the $38,000 resistance against the US Dollar, but it failed near $39,500. BTC is correcting lower and it might dive if it breaks the $37,000 support. Bitcoin failed to gain momentum for a break above $39,500 and $40,000. The price is currently trading above $37,000 and the 100 hourly simple moving average. There is a major …

• Eric Guerr
• June 3, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price just saw the worst high timeframe correction in years, falling sharping by 50% and instilling fear across the market. The turn in sentiment has everyone guessing where the now bearish cryptocurrency could fall to, but according to past cycles, it could get a lot worse before it gets better. Here’s more on why Bitcoin price could fall back …

• Eric Guerr
• June 3, 2021
• Bitcoin, Crypto
• 0 Comments

Bitcoin price made another attempt to clear the $38,000 resistance against the US Dollar, but it failed. BTC is correcting lower, but it might find bids near the 100 hourly SMA. Bitcoin is still facing a strong resistance near the $38,000 zone. The price is currently trading well above $36,500 and the 100 hourly simple moving average. There is a …

• Eric Guerr
• June 2, 2021
• Bitcoin, Crypto
• 0 Comments

Debate surrounding if the Bitcoin bull market is over due to the recent correction is at a full boil, while many are already searching for a bottom of the current downtrend. Bulls must be careful not to jump the gun due to buying the dip working so well over the last several months. Because bears have only just now taken …