Omkar Godbole

Omkar Godbole is the market reporter for CoinDesk, the global leader in blockchain news, where he produces technical chart-based price updates on Bitcoin and other alternative currencies.

Bitcoin Charts Suggest Price Bounce May Be Coming

| Omkar Godbole

If past events are a guide, bitcoin could in for a recovery rally, following the formation of a "long-legged doji" on the charts Thursday.

trading charts

Bitcoin Price Sell-Off Slows As RSI Hits Four-Year Low

| Omkar Godbole

Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.

Bitcoin Price Charts ‘Death Cross’ In First Since 2014

| Omkar Godbole

Bitcoin’s (BTC) price woes may not be over just yet, as a specific "death cross" indicator is about to reoccur for the first time in four years.

Bitcoin Back on the Defensive After Price Hits Two-Week Low

| Omkar Godbole

Bitcoin's price dropped to two-week lows earlier today and could extend the decline to key support near $6,100.

Bitcoin Teases Bull Move After Defense of Key Price Support

| Omkar Godbole

Bitcoin could be in for a recovery rally, having defended a key support level over the weekend.

Bitcoin Price Eyes $6.2K Amid Further Drop into Bear Territory

| Omkar Godbole

Bitcoin's reversal of the recent uptrend in prices is gathering pace and a drop into a bearish territory below $6,200 is now a possibility.

Recovery in Doubt as Bitcoin Price Drops Out of Bullish Channel

| Omkar Godbole

Bitcoin is painting a less bullish picture than 24 hours ago, following a drop out of an ascending price channel.

Up $100: Bitcoin Price Indicators Grow Increasingly Bullish

| Omkar Godbole

Bitcoin looks likely to inch higher toward $6,800 in the near-term, as the technical indicators have grown increasingly bullish in the last 24 hours.

This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal

| Omkar Godbole

Bitcoin's long-awaited bullish reversal could gather steam once prices cross key resistance near $6,650.

Bitcoin Price Eyes Move to $6.8K After Bull Breakout

| Omkar Godbole

Bitcoin could be about to make a move towards $6,800, having witnessed a bullish triangle breakout yesterday.