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Bitcoin has entered into the bull’s territory by crossing 53k this week. From the 1st of October, Bitcoin has been gaining price rapidly, printing many larger daily candles supported by large spot purchases. Price is currently ranging between 53k and 56k. Bitcoin dominance has been steadily increasing for days now, indicating Bitcoin is in control […]
The post October 08 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
Though Bitcoin has crossed 48k this week, it couldn’t hold the level and crashed to the May-July range High. The retracement to top of the range High failed at Daily EMA50 (45k) and was dumped again to the previous range High with the combination of $3Billion monthly options expiration and China trading ban news. Bitcoin […]
The post September 24 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
This week, Bitcoin has been ranging in the 47k-43k range, currently broken out and retested the daily EMA20 level. Daily SMA200 and 50 levels had a bullish crossover (golden cross). Ethereum also follows a similar pattern, currently sitting at the 3500 range. Bitcoin dominance remains the previous week level, ranging between 42 and 40. Several […]
The post September 17 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
The overleveraged traders had a nightmare week with bitcoin crashing 25% from the peak to weekly EMA20. Bitcoin lost the Daily EMA20 level for the first time after crossing on July 23 and currently trading just above the EMA50 level. Price is ranging in 45.5k and 47.5k. Bitcoin dominance rebounded after touching the 40, currently […]
The post September 10 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
Bitcoin held the Daily EMA20 level nicely this week after testing two times and reclaimed the 50k level again. After five consecutive green weeks, BTC closed in red in the previous week. As of this writing, it is trading just below the 51.5k level. Bitcoin dominance had lost another 3% this week, currently sitting near […]
The post September 03 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
Although Bitcoin has crossed 50k after three months, it couldn’t hold the volume and price divergence level on higher timeframes. It is currently retesting the daily SMA 20 level around 47000. BTC hasn’t lost this SMA level after 23 July and so far successfully rejected it three times. Price is highly volatile about the $2Billion […]
The post August 27 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
This week, Bitcoin still ranged between 48k and 43.8k. It has retested the 20 day SMA level and reclaimed 200 days SMA. This week also saw the crossing of 100 and 50 days SMAs. The resistance zone above is a major block so that it may retrace in the range before any movement. The bitcoin […]
The post August 20 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
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