Benzinga·2mo ago

"While the initial breakout was heavily influenced by short liquidations, Bitcoin continued climbing even as liquidations slowed, which he interpreted as evidence that fresh buying demand had replaced forced short covering as the rally's primary driver."

BeInCrypto·6y ago

"The price is trading inside a very significant weekly time-frame area, with support at $6,100 and resistance at $6,800; as long as the price trades inside this area his bias remains neutral, and a breakout/breakdown from the range would make his bias bullish/bearish."

CryptoSlate·7y ago

"Spike and rejection at the top of the range (with a retest of the HTF level at $8740-50). As a result, price failed to find support at the flip of the level that was holding the range high intact ($8430s). Intraday bias to downside while price stays below $8430s-$8500."

Decrypt·7y ago

"Some go as far as to say that the price chart contains hints and evidence of unknown stuff."

Cointelegraph·7y ago

"As facetious as this response may seem, price rallied due to an imbalance between buyers and sellers (the former being dominant). The market is trending hard. Typically in strong trends, consolidation (as was the case before the breakout) leads to continuation. One can speculate over 'causes' for a move in price but it's often just that; speculation."