Bitcoin Weekly Analysis

Weekly Bitcoin Analysis 2023

Weekly Bitcoin Analysis 2023

December 4 Bitcoin Analysis Bitcoin finally reached the $40,000 resistance zone. This area is the ceiling of the ascending channel and a psychological and historical resistance for Bitcoin. Therefore, correction in this area is very likely. On the other hand, this...

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Week 8 BTC Bitcoin Analysis

Week 8 BTC Bitcoin Analysis

According to the previous analysis, Bitcoin corrected up to the $21,000 area before resuming its upward trend. Although this move was accompanied by divergence in the daily time frame, which may be seen as a fake brake for the $24,000 area. Because it didn't pass the...

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Week 7 BTC Bitcoin Analysis

Week 7 BTC Bitcoin Analysis

The analysis from the last week indicated that Bitcoin's downward trend had begun. And it dropped to the $21,000 channel, as predicted by the analysis. For week 7 BTC Bitcoin analysis, although the price chart decline was technically anticipated, external factors such...

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Week 6 BTC Bitcoin Analysis

Week 6 BTC Bitcoin Analysis

As of the Week 6 BTC Bitcoin Analysis, Bitcoin currently ranges about $23,000, and the daily time frame divergence is becoming more pronounced daily. The market is still taking risks despite Mr. Powell's tone at the conference being contractionary and hawkish, and the...

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Week 5 BTC Bitcoin Analysis

Week 5 BTC Bitcoin Analysis

let's start week 5 BTC Bitcoin analysis. In terms of economic data, the coming week is one of the busiest. This week also includes the British interest rate meeting and Mr. Powell's conference, both of which potentially influence the direction of the crypto market....

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Week 4 (2023) BTC Bitcoin Analysis

Week 4 (2023) BTC Bitcoin Analysis

Bitcoin's recent rise and breaking of the $21,000 barrier level shocked everyone. However, in BTC Bitcoin analysis, when we look at the chart and Onchain data, we can see that the divergence in the price chart and the RSI indicator is clearly visible in the time...

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Week 3 (2023) BTC Bitcoin Analysis

Week 3 (2023) BTC Bitcoin Analysis

Week 3 (2023) BTC Bitcoin Analysis: Bitcoin began the year on a strong note, liquidating many bearish traders as it rose toward $21,000. We mentioned this movement up to the $18,000 area in the previous analysis, and we also indicated the likelihood of divergence in...

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Week 2 (2023) BTC Bitcoin Analysis

Week 2 (2023) BTC Bitcoin Analysis

The bitcoin analysis from last week indicated that Bitcoin increased. Bitcoin is approaching the $17,400 barrier level, and large sell orders have been placed there. As a result, a pullback in Bitcoin is anticipated from this region. (The first goal in the last...

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Week 1 (2023) BTC Bitcoin Analysis

Week 1 (2023) BTC Bitcoin Analysis

BTC ended the yearly candle over $16,400, finishing 2022, which was a difficult year for cryptocurrency investors. A year in which all financial markets were under selling pressure as a result of the Federal Reserve's most severe contractionary measures, and Bitcoin...

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Week 51 Bitcoin BTC Analysis

Week 51 Bitcoin BTC Analysis

Last week, significant economic and price events happened. On the one hand, Mr. Pavel's remarks verified and emphasized this problem when the Federal Reserve's Dot plot, which demonstrated the persistence of the contractionary policy process, was released. On the...

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Week 50 Bitcoin BTC Analysis

Week 50 Bitcoin BTC Analysis

Last week, Bitcoin had a dull range trend for traders, but candles were more negative. According to the important FOMC meeting in which the interest rate will be announced and estimates made in this regard that most analysts predict an increase of 0.5 units for the...

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