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“# Bitcoin inches past $38K as Wall Street opens to strange calm on Russia sanctions ” Bitcoin (BTC) recovered to $38,000 as Wall Street opened on Feb. 22 amid a tense atmosphere over geopolitical instability. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin tiptoes around macro cues Data from Cointelegraph Markets Pro and TradingView showed an…
“# ‘Deep bullishness’ for crypto: Analyst comments on Deutsche Bank report ” As an unlikely but welcome source of hope during crypto market jitters, Deutsche Bank’s report, the “Future of Cryptocurrencies,” sheds light on potentially bullish cryptocurrency activity. A survey critical to the report suggests that neither traders nor investors are likely to part with…
“# Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar ” Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the rescue as Bitcoin wavers…
“# Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of a strong rally. Huobi crypto exchange co-founder…
“# ‘Coin days destroyed’ spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) heads into the last week of February lower but showing signs of strength as a key support level holds. After a nervous few days on macro and crypto markets alike, BTC/USD is below $40,000,…
“# Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ ” Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600….
“# Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target ” A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against…
“# Bitcoin price dips below $38K as crypto sentiment nears ‘extreme fear’ ” Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro…
“# Mining worldwide: Where should crypto miners go in a changing landscape? ” One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September. While mining as a type of financial activity has not gone away and is…
“# Bitcoin inactive supply nears record as over 60% of BTC stays unspent for at least 1 year ” Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling. Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the…