The current monthly candle on Bitcoin price charts is unlike any other that can be found since the bear market first began, with a massive bottom wick nearly double the length of the candle body itself.Should Bitcoin price close the monthly candle at around or above $8,000, it would form a powerfully bullish reversal candlestick…
Bitcoin has been in a death spiral for the last two weeks, as concerns over the coronavirus continue to peak. The leading cryptocurrency by market cap has plummeted by over 20% in just two week’s time.But after such a violent decline in such a short period of time, last night’s daily close may have given…
All eyes are on Bitcoin price once again, as the largest cryptocurrency by market cap has recently made several attempts to break out of downtrend resistance.But as the recent rally has begun to fizzle out, an ominous candlestick pattern is potentially forming, which suggests that today’s close is especially critical and could determine where Bitcoin…