CatalystsFinance

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the downward exit from the triangle as a priority movement option for bitcoin price. In the following days, bitcoin price corrected down to the designated support zone. The bitcoin price entered the support zone of $51,000 - $52,000, after which the bulls beat off the bears' attack. The current...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the price decline as the most likely development of events in the bitcoin market. We outlined the support and resistance zones. Since then, the bitcoin price has fluctuated between $54,000 and $60,000. In recent days, buyers have been battling sellers for the $58,000 level. The bulls managed to...

CatalystsFinance

Hello, dear subscribers! In our previous review, we considered a trend reversal or correction as the most likely development in the bitcoin market. Since then, bitcoin price updated its historical highs, showing - $61.844, after which the correction began. At the moment, bitcoin price is in a downward movement. The resistance area from above is $58,000, support...

CatalystsFinance

Hello, dear subscribers! In the previous review, we considered growth as the main option of bitcoin price movement. Since then, the bitcoin price has added about $4,000 at the peak, almost reaching its all-time high of $58,382.This formed one of the common reversal price patterns, a double top. According to the MACD and RSI indicators, we see a decrease in the...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the bitcoin price movement within the support and resistance zones and the importance of the 48,000 level. The bulls managed to keep the price above $48,000 and they built on their success by raising the bitcoin price to the current $54,000. The $51,500 and $48,000 resistance zones have become...

CatalystsFinance

Hello, dear subscribers! In our previous review, we looked at bitcoin trading price levels and the battle between buyers and sellers for those levels. The main level that determines the mood of the bitcoin market is 47,000 - 48,000. When the price goes lower the bears rule the market, when the price goes higher the bulls rule the market. At the moment,...

CatalystsFinance

Hello, dear subscribers! In the previous review, we considered a short as the most likely scenario for the bitcoin price to move from the $56,000 level. The targets for this move were $46,000 to $48,000. As a result, the bears managed to lower the price to $43,000. After that the bulls managed to reverse the movement. The previous support levels became...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the rise in bitcoin price as the preferred scenario for the bitcoin market. In the following days, bitcoin price went up, showing a maximum of $57,700. In today's review, we want to show you a possible reversal of the uptrend. A reversal candlestick pattern may be formed on the bitcoin price chart...

CatalystsFinance

Hello, dear subscribers! In the last review, we looked at the possibility of continued growth after the reset of overbought bitcoin market. Since the last review, bitcoin price after resetting overbought has reached new levels and updated its historical highs, reaching $51,678. The resistance area of $47,500 to $48,200 has become a support zone, and the level...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at positive signals in the bitcoin market, in particular the value of the OBV indicator. In the following days, bitcoin price overcame local resistances and renewed historical price highs. Resistance zones have turned into support zones. Currently, the price is in the range of $43,000 - $48,000, the...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the downtrend as a likely further movement of the bitcoin price. In the following days, we saw high volatility and testing of support and resistance zones. The bears failed to consolidate below $30,000. This was followed by growth to the resistance level of $38,500. But the bulls didn't manage to...

CatalystsFinance

Hello, dear subscribers! In our previous review, we looked at the formation of the "triangle" pattern on the bitcoin price chart. Bitcoin price came out of the "triangle" downwards, this confirms selling as the main scenario. The price minimum after exiting the "triangle" at the level of - $35,000, was - $28,850. After that, bitcoin price corrected upwards...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the boundaries of bitcoin price movement zones in the short term. In the following days, the bears managed to lower the bitcoin price to the resistance zone 1. Buyers managed to beat off the bears' attack twice and push the price up. At the moment, bitcoin price is at the border of the resistance...

CatalystsFinance

Hello, dear subscribers! In the last review of the last year, we pointed out the uptrend as the priority in the bitcoin market for the near future. Since then, bitcoin price has risen more than 70% to a high of $41,945. The market is experiencing extreme price volatility, last seen in 2017 and early 2018. Reaching its high on Jan. 8, bitcoin entered a wide...

CatalystsFinance

Hello, dear subscribers! In the previous review, we looked at the support and resistance zones in the bitcoin market. During the following days, bitcoin price fluctuated in the marked limits - $22,200 - $24,000. For the trend to continue or reverse, the price needs to consolidate outside the support or resistance zones. The RSI and MACD indicators have reset...

CatalystsFinance

Hello, dear subscribers! In the previous review, we considered the breakdown of the $19,400 zone as a bullish signal, which will mean the continuation of growth. To our surprise, not only the growth continued, bitcoin made a powerful move upwards, showing a maximum of $23,800. After that level, the buyers' forces weakened, and now bitcoin price is in the...

CatalystsFinance

Hello, dear subscribers! In our previous review, we looked at the Triangle pattern and bitcoin's downward exit from it. The exit worked correctly, but the bears could not lower the price beyond the first support level of $17,600. Since December 1, bitcoin price has been inside the $17,600 - $19,400 zone. After the last bounce of the bitcoin price from the...

CatalystsFinance

Hello, dear subscribers! In the previous review we considered the support and resistance zones on the bitcoin price chart. In the following days, the Bitcoin price reduced its volatility and moved between the resistance level of $19.350 and the lower resistance zone, which has now become a support zone. A triangle was formed in the chart. At the moment, the...