Bitcoin often turns technical analysis on its head, and might be about to do it again.
Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset.
Bitcoin, the world's largest crypto by market capitalization has dropped 4.77 percent, pushing prices well below $6,400 for the first time in weeks.
When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more.
Ether, the second largest cryptocurrency by market capitalization, has staved off a bearish move and may be looking at further gains.
IOTA tanked in September after the bulls failed to stem the bleeding that followed August's monthly highs.
Ether's recovery from 13-month lows is being backed by daily trading volume not seen for a year.
Bitcoin's price decline this year looks eerily similar to a long-term bottom seen in 2015, chart analysis reveals.
Moving average crossovers, one of the simplest traders' tools, are best suited to trend following and momentum trading.
Ethereum, the world's second-largest cryptocurrency by market capitalization, fell to the lowest level since September 2017 on Thursday.