Bitcoin is on the defensive after a drop out of the recent trading range – now crucial support could turn into resistance.
Bitcoin's daily volatility in March, measured as the difference between 24-hour highs and lows, is its lowest since April of 2017.
Chart signals of bullish exhaustion suggest bitcoin's narrowing trading range could soon be breached to the downside.
Bitcoin's short-term outlook will remain bullish as long as prices hold above key support at $3,920.
Huobi Token (HT) is the latest native exchange cryptocurrency to flash more than 100 percent price growth year to date.
Bitcoin's 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015.
Two crypto benchmark indices from CoinMarketCap launch on Nasdaq, Bloomberg Terminal, Thomson Reuters and Börse Stuttgart today.
Bitcoin's bulls need to break key resistance at $4,040 to force a continued rally, the three-day chart indicates.
Bitcoin's share of the cryptocurrency market is on the verge of falling below 50 percent for the first time in over 7 months.
Bitcoin is showing signs of buyer exhaustion and could see a minor pullback unless resistance at $4,000 is scaled soon.