Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Bitcoin incurred a 3% loss under the seven-day performance metric.</strong></li> 
 <li><strong>The analyst said BTC failed multiple breakout points, such as $27,300 and $28,588.</strong></li> 
 <li><strong>A chart analyst claimed more significant bearish signals for Bitcoin using Elliott Wave Analysis.</strong></li> 
</ul> 
<p>Bitcoin has incurred an over 3% loss in its value under the seven-day performance metric, according to data. While Bitcoin trades below the $27k mark, Nick Regan, a chart analyst at the Cheeky Crypto YouTube channel, beamed the spotlight on BTC’s various time frames.</p> 
<p>The analyst stated that the one-hour, one-day, and one-week time frames are the most important to consider in light of Bitcoin’s current performance.</p> 
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<p>Regan began by discussing the hourly chart, utilizing the Elliott Wave Theory to evaluate the current market structure. According to the analyst, <a href="https://coinedition.com/bitcoin-btc-price-prediction/">Bitcoin</a> appears to be searching for its fifth wave low, a part of a wave three low.</p> 
<p>He underscored that, based on the Elliott Wave Theory technical analysis, each wave in the overall pattern typically consists of smaller five-wave structures. Notably, Regan sought to establish a bearish outlook since Bitcoin has failed to breach a crucial wave high at…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/bitcoins-hourly-daily-and-weekly-performance-examined-by-chart-analyst/">Bitcoin’s Hourly, Daily, and Weekly Performance Examined by Chart Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin’s Hourly, Daily, and Weekly Performance Examined by Chart Analyst

Coin Edition

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