Tags : Close

Bitcoin

Why a trader says a Bitcoin bottom is close, based

Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. Melker often uses the relative strength index (RSI) indicator on the 4-hour and 6-hour candle chart time frames to identify potential trend reversals. The RSI is an indicator that is used to evaluate whether an […]Read More

Ethereum

Why $7,050 is the Level to Watch During Bitcoin’s (BTC)

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300.  At the same time, its trade volume has been dropping together with its dominance in the crypto markets.  In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and […]Read More