Bitcoin has had a rough weekend as we draw near to early Monday trading.   We've highlighted in recent articles that the recent rallies in Bitcoin have been very shallow given its historical volatility. This all pointed to a further…

BTC/USD: sideways range   Bollinger Bands bearish; ADX and DI bearish; RSI bearish.   Although many technical indicators turned bearish, reflecting the recent sell-off, the price of Bitcoin remained in a wide sideways range (see the four-hour chart setup below).…

Bitcoin running out of steam and peaking near $40,000 seems like a not too distant memory and here we are finding the cryptocurrency facing the same struggles as it tries to regain a foothold above the $30,000 level.   In…

BTC/USD: bullish reversal pattern   Ichimoku Cloud bullish; ADX and DI bullish; RSI overbought.   BTC/USD has completed a bullish reversal pattern on the four-hour timeframe (see the chart setup below). Bitcoin price crossed Ichimoku Cloud and both resistance curves…