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” Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone “ Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average in focus for July close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining $24,000…
” Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity “ Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation that can vary from country to country — and in the case of…
” Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX “ Bitcoin (BTC) hit a six-week high above $24,000 on July 29, extending its rally that picked up momentum after the United States Federal Reserve hiked rates by 75 basis points on July 27. If the rally sustains for the next…
” Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats “ Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that…
” Bitcoin price rejects at $24K as ‘classic short setup’ spoils bulls’ fun “ Bitcoin (BTC) saw fresh volatility after July’s final Wall Street open as highs north of $24,000 remained solid resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance strikes BTC at $24,000 Data from Cointelegraph Markets Pro and TradingView reflected bulls’ continuing struggle…
” Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low “ Bitcoin (BTC) may already be beginning its new macro uptrend if historical “hodl” habits repeat. That was the conclusion from research into the latest data covering the amount of the BTC supply dormant for one year or more as of…
” Crypto contagion deters investors in near term, but fundamentals stay strong “ The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point, since the start of May, a growing number of major crypto entities have been…
” Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report “ Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone inflation estimate shows no peak Data from Cointelegraph Markets…
” Bitcoin bull run ‘getting interesting’ as BTC price hits 6-week high “ Bitcoin (BTC) delivered a swift six-week high into July 29 as the aftermath of the latest macro developments boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close could seal 20% gains Data from Cointelegraph Markets Pro and TradingView captured local…
” 3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’ “ Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier. The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down their prevailing tightening spree. They prompted some…