btc/usd

Good morning, BTC looks heavy. With overall negative sentiment on financial markets we do not consider taking long position by far and suggest that drop to ~16.5K area seems more probable now:

Good morning, Fed starts serious steps of tightening drying out liquidity off the markets. With this background it is naive to expect any upside reversal on BTC. Thus, we consider 19.70-19.75 intraday resistance area for potential short entry and downside continuation to the daily lows:

Good morning, We consider 20.60-21K resistance for short term bearish position on BTC market. In 2-3 weeks perspective BTC has chances to climb higher due to pre-election US rally. Long term context anyway, remains bearish:

Good morning, Situation on BTC market changes slowly. Overall picture remains bearish and we suggest that 12.2 K target sooner or later but will be hit. Market stands in the same consolidation. Our "222" Sell pattern has started nice and we could keep this short position by far. No new...

Good morning, Guys, we're proud to announce our new Fundamental report on Bitcoin, where we explain why it is nothing to celebrate by far... BTC shows weak reaction on retracement of the US Dollar, compares to other currencies. It suggests existing of bearish pressure on the market...

Good morning, BTC has not shown the same plunge as stock market last week. It means that everything stands ahead. BTC shows bearish signs on 1H chart, that makes us think that 17.4K target should be reached in nearest time:

Good morning, BTC has reacted not as strong as FX market, closer to the gold market reaction. Thus, we're watching for completion of nearest 17.4K target and do not see yet good chances for tactic long trades:

Good morning, Miracle has not happened, and phantom bullish scenario has been vanished. BTC also shows few other bearish signs on daily chart. It makes us to consider 17.4K and 16K as two near standing target:

Good morning, BTC keeps phantom changes on upside bounce, although we're sceptic on them. Whatever bounce will be - we suggest it is short-term and sooner rather than later but BTC will keep going down:

Good morning, BTC has shown bullish reversal week recently and potentially could form shorter term bullish patterns, suggesting higher upward bounce. Now we do not consider new shorts by far. 20-21K area will be vital for bullish scenario:

Good morning, With fast drop BTC has completed $19.15K intraday target. Stocks, FX, Gold markets now keep recent euphoria, so we suggest it makes sense to wait for the pullback at least to $19.18K or if we get lucky to $20.5K area before taking short position. Longer-term bearish context has...

Good morning, BTC shows very weak activity and we have minimal changes since Thu update. Bears could combine possible upside bounce from 19.18K target up to 20.5-21K resistance levels with Stop "Sell" order below 19.15K. While bulls have to wait clear patterns before consideration of any long...

Good morning, Market shows very quiet action, keeping bearish context valid. Minor bounce could happen from 19.18K target, but only tactical one, with later continuation to 17.50K destination point:

Good morning, We have prepared new Fundamental Report on BTC In short-term perspective we consider 21.7-22K area as vital for short-term bearish context. Until its valid, it is possible to consider short entry around 20.97-21.07 resistance area. Downside targets are 19.18K and 17.5K

Good morning, Jackson Hole meeting could make unexpected effect on the market, but technical picture now stands bearish and doesn't let us to consider any long positions. Supposedly short position might be considered with protection above 22.6K resistance area:

Good morning, Those who read our fundamental reports are not surprised with recent BTC performance as it accurately stands on our long-term scenario. In short-term context looks bearish with the next target around 12.2K area. 25.2-25.4K resistance area looks interesting to consider the short...

Good morning, BTC shows very similar picture to the gold market. Although in mid term perspective downside action should continue, within 1-2 sessions BTC could start the pullback from ~22-22.5K area to 24-24.4K level:

Good morning, Our XOP target is done and market is ready for the technical pullback. Initial stops might be placed above 26.35K daily K-area:

Good morning, CPI data is supportive to BTC and in nearest time we're watching for reaching of 25.5-26.2K resistance and target area. Bears should wait when intraday target will be done:

Good morning, BTC upside action perfectly starts once previously discussed butterfly and XOP target were completed around 22.4K. Now market is following to reverse H&S pattern. If you have missed the entry another chance might be on a pullback around 23.3-23.4 support area, after OP target...