Bitcoin (Bitstamp:BTCUSD 1h) After its bounce from $9600, Bitcoin is continuing its drop. The RSI and MACD haven't formed new lows yet, so there is still the possibility of some bullish divergence, but

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin continued to drop against the bullish divergence to reach as low as $9600. The divergence eventually caused a pullback above the 38.2% support. Overall, this is still

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has continued its dip after a small pullback above the 38.2% support level and is currently testing the 50% retracement. Volume remains high on this leg of the drop,

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin is finally pulling back a bit after reaching $11780 with bearish divergence. There is a definite uptick in volume on the bearish candles, suggesting that the market

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin continues pushing higher, moving to test the $11990 resistance. Volume still remains low and there is further bearish divergence on the RSI and MACD. Despite the trend

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin pushed yet higher to make a test of the $11160 resistance before a pullback to around $10k. There are still signs of bearish divergence on both the RSI and MACD and

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin is still moving upwards within its ascending channel and closing in on a test of the $11160 resistance, which marked the bottom of the first dip from the ATH. Volume

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has continued to creep upwards against the bearish divergence on both the RSI and MACD, reaching as high as $10300. Volume remains quite low, suggesting that this trend

Bitcoin As Bitcoin pushes higher to test the resistance of its ascending channel, volume looks to be increasing marginally, but to nowhere near the levels during the recent dips. We can also see bearish

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has broken through the historical resistance and is moving to retest the $9490 resistance level. Normally we'd expect this to trigger the start of a new bull run but,

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin is now gliding higher along the lower boundary of a secondary ascending channel. Volume still remains low as we approach the historical descending resistance (thicker

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has decided it wants to continue trying to push higher rather than moving to retest lows, and is currently gliding along the lower boundary of its ascending channel.

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin broke the support of its ascending channel before bouncing off the $7888 support and retesting the channel boundary. It appears to have rejected the boundary, which

Bitcoin (Bitstamp:BTCUSD 1h) After the suspected double top on the 8th, Bitcoin failed to break the $7625 resistance level, leaving us in an ascending channel. Since the start of the bounce volume has

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin dropped back down to around the $7625 support after the bearish divergence, which was noted yesterday, before then retesting the highs of the bounce to form a double

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin is continuing its bounce, so far reaching as high as $8650, which comes just under the 76.8% resistance. The previous bounce reached between the 61.8% and 76.8%

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin saw yet another dramatic drop yesterday, blasting straight through support to reach as low as $5920, before retracing to the 38.2% resistance. There was clear bullish

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has seen a strong break of the $7625 support and is now looking to find a new support level. The volume on this trend has picked up significantly, showing strength

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has broken downwards from yesterday's ascending formation even earlier than I expected. This is a very weak sign for Bitcoin and we look to be moving to retest the

Bitcoin (Bitstamp:BTCUSD 1h) After its first bounce reaching ~$9100 and a failed retest of $8200, Bitcoin has moved upwards into an ascending channel. This is the first bearish pattern to keep an eye on,