Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Bitcoin (BTCUSD) faces negative pressure- Analysis-09-03-2026

Economies.com
2026-03-09 01:44 UTC

Bitcoin price (BTCUSD) is experiencing volatile movements during its latest intraday trading, amid continued negative pressure by trading below EMA50, which represents a dynamic resistance limiting recovery opportunities in the near term.

 

The price is also affected by a negative technical formation that appeared earlier in the short term, represented by a broadening wedge pattern, reflecting a state of technical instability. In the background, negative signals Emerge from the relative strength indicators after offloading the previous oversold condition, which may open the way for further declines soon.

 

 

Was this useful?

Thanks for your feedback.

Crude oil prices break all resistance levels- Analysis- 09-03-2026

Economies.com
2026-03-09 01:39 UTC

Crude Oil price surged strongly during its latest intraday trading, to breach series of resistance levels, signaling the strength of the dominant bullish momentum, amid supply concerns in the Middle East. This comes with the clear dominance of the main short-term bullish trend.

More

Silver Price reaches our target– Analysis-09-03-2026

Economies.com
2026-03-09 01:34 UTC

Silver price declined during its latest intraday trading, reaching the important support level of 79.50$, which represents a price target we identified in our previous analysis. This move was influenced by the emergence of negative signals from the relative strength indicators after it reached sharply overbought levels, which increased selling pressure on price movements.

More

Gold prices show more signs of weakness- Analysis-09-03-2026

Economies.com
2026-03-09 01:30 UTC

Gold price declined during its latest intraday trading, affected by its earlier break below a short-term bullish corrective trendline, which increased the selling pressure on its movements. The price also continues to face negative and dynamic pressure as it remains below EMA50, which has acted as a barrier against attempts to recovery during the recent period.

More