Last week we were discussing Bitcoin’s price consolidation and its most probable resolution downwards
After tagging the $12,500 level Bitcoin has been retracting and consolidating in a consistent fashion.
Last week Bitcoin was driving around in a pivotal area, with the bearish direction being the most plausible path of least resistance
Bitcoin keeps retracting day after day, exhibiting lower highs as times goes by. Enclosed in a small trading channel for the past seven…
After plummeting into the $9k levels, Bitcoin went into relief-rally mode. Prices hovered for the week in the $10–11k range, but market’s…
Weekly showing double top structure quite consolidated and 3x3 now cupping, doji — definitely a Transition pattern.
Solid resistance in the $13,000 level woke up the recently hybernated bears, and prices plummeted back to 10k psychological support.
Each quarter, Obvious Capital sends out a letter to our investors and followers, updating them on the performance of the crypto markets.
Bitcoin is still on the move. After months sailing through 4-digit prices, it finally seemed to have found a relief port on the 5-digit…
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