Technical Analysis

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Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.

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Bitcoin daily price chart (CoinDesk, TradingView)
Bitcoin Holds Support Above $60K, Pushes Back Toward All-Time High
Upside momentum is improving with seasonal strength in the fourth quarter.
Bitcoin daily price chart (CoinDesk, TradingView)

Bitcoin's four-hour chart (TradingView)
Bitcoin Holds Support, Bounces to $61.4K
A potential technical breakdown would expose a support level near $54,000.
Bitcoin's four-hour chart (TradingView)

Bitcoin's MVRV Z-score (Glassnode)
Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest
While the bitcoin market valuations may not be cheap, they do not appear overstretched either.
Bitcoin's MVRV Z-score (Glassnode)

Ether's daily chart (TradingView)
Ether Tops $4.2K, Eyes Record High
Ether looks north, having breached a five-month downtrend line
Ether's daily chart (TradingView)

Bitcoin daily price chart (CoinDesk, TradingView)
Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest
The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.
Bitcoin daily price chart (CoinDesk, TradingView)

Ether and bitcoin daily charts (TradingView)
Ether Awaits Price Breakout After Bitcoin’s Record Daily Close
Ether lags bitcoin as the latter nears a record high price.
Ether and bitcoin daily charts (TradingView)

Bitcoin's four-hour chart with relative strength index (TradingView)
Bitcoin Faces Resistance Above $62K After Record Weekly Close
Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.
Bitcoin's four-hour chart with relative strength index (TradingView)

U.S. Securities and Exchange Commission (SEC) (Source: Shutterstock)
Market Wrap: Bitcoin Reaches $61K as SEC’s ETF Deadline Nears
Bitcoin is inching closer to an all-time high as anticipation builds the U.S. regulator will finally approve one of the many applications it has received.
U.S. Securities and Exchange Commission (SEC) (Source: Shutterstock)

Bitcoin's four-hour chart shows the technical indicator RSI flashing a bearish signal. (TradingView/CoinDesk)
Bitcoin Eases After Rejection at $58.5K, Support at $54K
A key technical indicator signals that upward momentum may be over.
Bitcoin's four-hour chart shows the technical indicator RSI flashing a bearish signal. (TradingView/CoinDesk)