The Last Time Bitcoin Formed This Signal, It Surged $2,500

Bitcoin has stalled after testing $11,000 twice, failing to hold above that pivotal level. The coin now trades at $10,950 as of this article’s writing, slightly below that pivotal level. Bitcoin remains in a bullish state on a medium-term time frame, with one analyst pointing to a pivotal bullish continuation signal. The signal was last …

Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance

Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for …