BTCUSD Technical Analysis – May 19, 2025 The monthly candle for BTCUSD is strongly bullish, and the lower wick is minimal, signaling sustained buying pressure and upward momentum. This structure often leads to continuation patterns, especially when confirmed on multiple timeframes. Over the past six weeks, the weekly candles have all closed bullish. And this … Read more
Historical Significance Gold: For over 5,000 years, gold has been a symbol of wealth and a reliable store of value. Our ancestors crafted gold jewelry, and it served as currency in various civilizations. Bitcoin: Introduced in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin emerged as a decentralized digital currency, offering an alternative to traditional financial … Read more
Bitcoin Technical Analysis – Bullish Momentum Intact? Bitcoin has shown impressive strength in recent weeks. On the monthly chart, the current candle has a small upper wick, which typically signals positive sentiment and continued upside. This means bulls are in control, and traders may consider holding long positions. 💡 For more on how candle wicks … Read more