Bitcoin charts continue to call a bullish move at a time when the short positions are near record highs.
Bitcoin ETFs are continuing to be rejected by regulators, but time may be on the side of innovators.
Bitcoin's defense of the key support at $6,230 despite bad news has left the doors open for a rally to recent highs above $6,800.
The price of bitcoin is down over 60 percent from its all-time-high so we've taken a look into how and when this bear market could end.
BTC/USD shorts on Bitfinex are nearing record highs, leaving many to wonder if a short squeeze will occur like it did when the prior mark was set.
Bitcoin is mimicking the price action witnessed in early April, which indicates the corrective rally could gather pace in the next few days.
Bitcoin's corrective rally from the recent low of $5,859 would resume on bull pennant breakout.
The technical charts continue to call a rally to $7K despite bitcoin showing signs of exhaustion around $6,500.
A move past a key resistance at $6,675 would confirm a short-term bearish-to-bullish trend change in bitcoin.
The cryptocurrency market flashed green Wednesday following a major downturn.