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Bitcoin (BTC/USD) Outlook: Bitcoin Post-Collapses Counter-Offensive

Bitcoin (BTC/USD) Outlook: Bitcoin Post-Collapses Counter-Offensive 2021-06-09 19:42:00 Michael Boutros, Strategist Bitcoin Technical Price Outlook: BTC/USD Trade Levels Bitcoin updated technical trade level– Daily & Intraday Charts BTC/USD plunges towards key support at 30655- resistance / bearish invalidation 41930 Advertisement Bitcoin prices plummeted a staggering 53% from the record highs in April with the sell-off responding to downtrend support. Yesterday marked the third test of this critical support zone and while the broader outlook remains ominous from a technical backdrop, the immediate decline may be vulnerable here with the bears at risk in the near-term. These are the updated targets and invalidation levels that matter on the BTC/USD technical price charts. Review my latest Strategy Webinar for an in-depth breakdown of this Bitcoin setup and more.

Bitcoin (BTC/USD) Outlook: Bitcoin Bulls Back Down- 50K back in Play

Bitcoin (BTC/USD) Outlook: Bitcoin Bulls Back Down- 50K back in Play 2021-02-25 18:00:00 Michael Boutros, Strategist Bitcoin Technical Price Outlook: BTC/USD Trade Levels Bitcoinupdated technical trade level– Daily & Intraday Charts BTC/USD breakout falters at uptrend resistance- constructive while above 39430 Advertisement Bitcoin prices are poised to snap a four-week winning streak with the cryptocurrency down more than 12% after reversing off confluence uptrend resistance into the start of the week. The move leaves BTC/USD vulnerable to further losses near-term with the broader outlook still constructive while within this technical formation. These are the updated targets and invalidation levels that matter on the BTC/USD price charts heading into the monthly open. Review my latest Strategy Webinar for an in-depth breakdown of this Bitcoin technical setupsand more.

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