Laurie Dunn

Bitcoin is breaking out above the key $66K resistance on Tuesday. Can the bulls sustain this breakout and push the price up to $73K, or will a lack of volume result in a fakeout?

After a bit of a scare as the Bitcoin price fell back to $64,600, probably reflecting the poor sentiment in the U.S. stock market, the rally that started at the beginning of July looks to have resumed. A higher high above $67K is the initial target for this bounce. Do the bulls have what it takes?

Since almost hitting $67K ten days ago, the $BTC price has entered into a short-term timeframe downtrend, making consecutive lower highs and lower lows. Is this downtrend going to continue, bringing the price down to the $62K area?

Another lower high and lower low means that Bitcoin is on the verge of a fall to lower levels. $60K is the target. The next potential dip would take the $BTC price beneath the bull market trendline. Could this be the beginning of one final capitulation phase for Bitcoin?

The Bitcoin price has been going sideways since the beginning of June. Could this potential accumulation period be coming to an end? Will a possible bottoming pattern help the Bitcoin bulls to rally the price all the way up to $76K?

In spite of the relatively benign US inflation figures released on Wednesday, Bitcoin dipped more than $1,000 on the news, falling back to the bear market trendline. Has this put paid to the current rally or is it just a bump on the road?

What could be a bull flag is starting to form at the top of the amazing price surge that took place on Wednesday and into Friday of last week. Should this bull flag be confirmed and a breakout happens, $90K could be the eventual target.

The Bitcoin price potentially reached a top of $81,250 on Monday. Was this a local top? If so, what are the downside targets? On the other hand, if there is more upside to come, how much further could this monster rally go?

After hitting a new local high of $81,250 on Tuesday, many are thinking that this might have been the top for Bitcoin. However, a day later and the $BTC price is generally going sideways. Could there be one more upward spike that takes the price through resistance at $82,350, or is the price rolling over before a crash to the downside?

Have the last seven days just been about consolidation for the Bitcoin price? This up and sideways price action has allowed the shorter term momentum indicators to reset. Could this mean that the rally is about to resume?