With the failure of FTX and the recent collapse of Bitcoin’s price, the 200-week moving average (MA) has been broken downward. PlanB unwittingly pointed this out yesterday on Twitter by sharing a cha...
Tag: 200Week
Trading expert calls 200-week MA test ‘moment of truth’ for entire crypto market
The entire capitalization of the cryptocurrency market fell by another $50 billion over the previous day as the market continues to deal with heightened volatility following Federal Reserve Chairman J...
Bitcoin Makes Two Back-to-Back Weekly Closes Above 200-Week MA
Bitcoin (BTC) has closed above the 200-week moving average (WMA) for two consecutive weeks, according to market analyst Ali Martinez. Martinez pointed out: “Bitcoin printed a second consecutive ...
Bitcoin Closes Second Consecutive Weekly Candle Above 200-Week Moving Average (MA), Is The Bottom In?
– Advertisement – We may be at the bottom. In a tweet today, Bitcoin analyst Ali Martinez highlighted that Bitcoin printed the second weekly candle above the 200 weekly moving average, n...
Bitcoin Balance on Exchanges Experiences Macro Decline as Price Eyes a Weekly Close Above the 200-Week MA
Bitcoin (BTC) continues to exit crypto exchanges since it’s recording a macro decline. Market insight provider Glassnode explained: “Bitcoin balance on exchanges continues its macro decline, rea...
Bitcoin Falls Under Its 200-Week MA, ETH Trading Sentiment Negative
After a strong show last week, the broader cryptocurrency market has come under selling pressure once again. Over the weekend, BTC has shown signs of selling pressure and is currently trading 1% down ...
Bitcoin dips to $22.6K, risking further losses if it fails to hold above 200-week MA
The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two months behind them and look toward a positive future....
BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Bitcoin Faces Major Resistance at 200-Week Moving Average
Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone. Rekt Capital believes the top cryptocurrency should surge p...
Bitcoin Struggles to Move Past Its 200-Week Moving Average, More BTC Downside Possible
Altcoins posed a solid show over the last week with Ethereum (ETH) leading the pack and moving past $1,500 as of press time. On the other hand, Bitcoin’s performance remains relatively subdued! While ...
Bitcoin price nears critical 200-week moving average as Ethereum touches $1.5K
Bitcoin (BTC) hovered at $22,000 at the July 18 Wall Street open as analysts warned that bulls would not break resistance in one go. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Can Bit...
Bitcoin (BTC) Reaches Second Close Below 200-Week MA
Bitcoin (BTC) has been moving upwards since June 18, but is still trading below crucial resistance levels for both the price action and technical indicators. BTC has been falling since reaching an all...
Bitcoin (BTC) Faces Resistance at 200-Week Moving Average, Further Downside Possible?
After a brutal crash last weekend, the Bitcoin (BTC) price bounced back surging past $20,000. On Tuesday, as BTC attempted to march forward above $21,500, it faced resistance and has retraced since. A...
Bitcoin (BTC) Reaches Weekly Close Below 200-Week Moving Average
Bitcoin (BTC) has fallen to never seen before oversold levels on several weekly metrics. The short-term readings suggest that a bounce is expected. BTC has been falling since reaching an all-time high...
Bitcoin (BTC) Falls to 200-Week MA for Fifth Time in History
Bitcoin (BTC) has dropped to a crucial long-term moving average (MA), below which it has never reached a weekly close. BTC has been falling since reaching an all-time high price of $69,000 in Nov. The...
QQQ Has Downside Risk To Its 200-Week Moving Average. Here’s A Trading Strategy.
(Photo credit: Stan Honda) AFP via Getty Images The Invesco IVZ QQQ Trust ETF QQQ tracks the stocks in the Nasdaq 100. The daily chart shows that the ETF peaked at $408.71 on November 22, 2021, which ...
Bitcoin Realized Price Near 200-Week Moving Avg, What’s Next?
Bitcoin (BTC) is currently moving sideways near the $41,000 level after rebounding from the strong support level in the last two days. With Bitcoin investors being skeptical over whether to buy at cur...