Laurie Dunn is a PR Writer at Patch.com. She is a total convert to crypto and blockchain, focusing her research and writing on various projects in the cryptoverse, including topics like crypto exchanges, regulation, and decentralized finance. Laurie has been featured in Bitcoin Insider, Crypto Daily™, and other prominent platforms.
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Laurie Dunn's coverage primarily revolves around investment analysis, government announcements, and press releases related to the crypto & blockchain industry. Her focus is on providing insights into market trends and regulatory updates in the cryptocurrency space.
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By: Laurie Dunn
The beginning of this week has been a busy one for the $BTC price. From making a new low at just under $58K, the price then rallied 6% but has since come back to potentially confirm $60K as support again. Bounce or failed rally from here?
By: Laurie Dunn
The Bitcoin price has broken out and put on more than 10% since the bottom at the beginning of July. Can Bitcoin hold on to these gains or will the bears pull the price back down to the lows?
Carrying on from Sunday’s retracement, the BTC price slid further on Monday and then dumped quickly, almost reaching $61K. However, as soon as it hit this point, also coming down below the bull market trendline, buyers stepped in and the price was bought up even quicker than it came down. What could be next?
So far unable to get through the $64K horizontal resistance level, the $BTC price may have ended its rally of the last week and is starting to roll over. Could this just be a pause to enable the bulls to catch their breath and consolidate, or could a decent pullback be in the early stages?
The Bitcoin price stopped short of the $66K horizontal resistance level and may be rolling over. Will one of the support structures below stop the slide, or is this rally now over, with much lower prices to come?
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?
