Laurie Dunn

The Bitcoin price has been going sideways since the beginning of June. Could this potential accumulation period be coming to an end? Will a possible bottoming pattern help the Bitcoin bulls to rally the price all the way up to $76K?

In spite of the relatively benign US inflation figures released on Wednesday, Bitcoin dipped more than $1,000 on the news, falling back to the bear market trendline. Has this put paid to the current rally or is it just a bump on the road?

What could be a bull flag is starting to form at the top of the amazing price surge that took place on Wednesday and into Friday of last week. Should this bull flag be confirmed and a breakout happens, $90K could be the eventual target.

The Bitcoin price potentially reached a top of $81,250 on Monday. Was this a local top? If so, what are the downside targets? On the other hand, if there is more upside to come, how much further could this monster rally go?

After hitting a new local high of $81,250 on Tuesday, many are thinking that this might have been the top for Bitcoin. However, a day later and the $BTC price is generally going sideways. Could there be one more upward spike that takes the price through resistance at $82,350, or is the price rolling over before a crash to the downside?

Have the last seven days just been about consolidation for the Bitcoin price? This up and sideways price action has allowed the shorter term momentum indicators to reset. Could this mean that the rally is about to resume?

With the market still nervously processing Fed Chair Warsh’s rather hawkish Jackson Hole speech on Friday, the Bitcoin price moved lower. Currently rebounding to $78K, is the $BTC price in for more consolidation as the market continues to digest its huge move up from the bottom?

The Bitcoin price has been steadily losing ground since making the last local high at $82,300. Currently at $78,400, the $BTC price could be heading back to the bottom of a channel at $77K, or perhaps to strong support at $76K. If these don’t hold, $73K comes into play.

After a dip of around 5.5% the Bitcoin price looks as though it has turned around and may be heading back to the key $82K horizontal resistance level. Can it break through this time, or does another rejection await?

The Bitcoin price is continuing to slide lower. Currently sitting on the $78K horizontal support level, could the price be on the way down to $76K? Momentum indicators suggest that a breakout might be on the way. Which of these scenarios is likely to happen?