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“# Bitcoin sees first downward difficulty move in 5 months amid ‘uncertainty’ over hodler spending ” Bitcoin (BTC) is in a tight battle between bulls and bears and the network is now reacting, data shows. Trackers reveal that this week, Bitcoin difficulty snapped an 18-week green streak to post its first decrease since July. Difficulty…
“# Bitcoin tests traders’ nerves as analyst reissues $400K BTC price forecast ” Bitcoin (BTC) was on repeat on Dec. 2 as markets watched another attack on $60,000 end in defeat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Nothing has changed” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back at $57,000 Thursday, having…
“# This simple Bitcoin options strategy lets traders profit while also hedging their bets ” For traders who are undecided on Bitcoin’s (BTC) move, the “long condor with call options” yields optimal results with very low risk. This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600,…
“# Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB ” Bitcoin (BTC) finished the month of November with a decline of about 7%. This was in sharp contrast to the prediction of the “worst-case scenario” of $98,000 by PlanB, the creator of the popular stock-to-flow model. Although the analyst described…
“# Bitcoin surges into US open as forecast points to attack on $60K ” Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $56,000 may have been resistance flip Data from Cointelegraph…
“# Bitcoin fails ‘worst-case scenario’ monthly close for the first time, starts December sub-$57K ” Bitcoin (BTC) has failed to hit the November closing price demanded by one of its best-known models — but its creator is not giving up. In a Twitter post on Dec. 1, PlanB said that he would give his floor…
“# Bitcoin, stocks and commodities correct after Fed chair mentions policy change ” Global financial market took a hit on Nov. 30 after comments from U.S. Federal Reserve Chair Jerome Powell hinted that inflation and the Omicron Covid-19 variant are growing threats and that the bank’s easy money policies could end sooner than anticipated. Prior…
“# Bitcoin cools from 1-week highs with key long-term metric echoing $44K ” Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows…
“# Wen moon? Data shows pro traders becoming more bullish on Bitcoin price ” The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics. This should not come as a surprise because Bitcoin price is still 15%…
“# 3 reasons why traders expect Bitcoin to retake $60K before November ends ” The cryptocurrency market saw a boost in sentiment after the price of Bitcoin (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend. BTC/USDT 4-hour chart. Source: TradingView Here’s…