Cryptocurrency News and Market Reports

In classic bitcoin fashion, price broke above the ascending triangle pattern yesterday as expected on the way to new local and regional highs of 5466 $...

We continue to be encouraged by the fact that price is still consolidating above 5150 $ within what is still an ascending triangle as we'll see below...

No surprises in the bitcoin markets over the past 24 hours considering price pushed up near the 5400 $ resistance level that we have been discussing over the course of this week...

The bitcoin markets continue to exhibit a surprising amount of strength in terms of price action in the face of what are now overbought short-term technicals...

Trading conditions remain treacherous in the bitcoin markets considering a false breakdown below 3919 $ materialized yesterday to invalidate the near-term range...

Once again the bitcoin markets have been beholden to the technicals over the past 24 hours which means once again price has been moving to the upside in a steady fashion...