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Tag Archives: Trendline

Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

Markets and Prices The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this …

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Bitcoin Price Technical Analysis for 03/17/2017 – Trendline Break, Reversal Due?

Bitcoin Price Key Highlights Bitcoin price recently broke below a short-term consolidation pattern and its rising trend line visible on the 4-hour chart. This signals a potential reversal from the earlier uptrend as bears are able to push bitcoin price below the strong support zone. Technical indicators are confirming a …

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