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” Price analysis 2/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB “ Bitcoin (BTC) is struggling to stay above $23,000 as the weekend approaches. The selling pressure increased after the personal consumption expenditures excluding food and energy rose 0.6% in January and 4.7% over the year, above market expectations of an increase…
” Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs “ Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation biting back. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE sparks fresh doubts on inflation Data from Cointelegraph Markets Pro…
” Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K “ It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529 and the recent rebound and rejection at the $25,000 level could raise concern among certain investors. Bears are pushing back at the…
” Bitcoin 2024 halving will be its ‘most important’ — Interview with Charles Edwards “ Bitcoin (BTC) stands at the start of a “new regime” after its early 2023 price gains, and next year will prove pivotal. That is the opinion of Charles Edwards, founder of quantitative Bitcoin and digital asset fund, Capriole Investments. As investment…
” Block’s Q4 Bitcoin revenue down 7% on crypto price decline “ Jack Dorsey’s payment company Block Inc. reported $1.83 billion of Bitcoin (BTC) revenue from its Cash App business unit in the fourth quarter, representing a 7% fall from the same time last year. In its Q4 and full-year results announced on Feb. 23, Block…
” Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry “ Bitcoin’s (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears’ expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off,…
” Bitcoin eyes 25% of world’s wealth in new $10M BTC price prediction “ Bitcoin (BTC) can hit $10 million per coin or more as it eats 25% of the global wealth, new analysis has concluded. In a blog post released on Feb. 16, fund manager and Bitcoin expert advisor Jesse Myers revealed his own…
” Price analysis 2/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB “ The United States equities markets saw their worst performance of 2023 as concerned investors dumped stocks on Feb. 21, fearing continued rate hikes by the U.S. Federal Reserve. Although the cryptocurrency markets also gave back some of the gains, the…
” Bitcoin must leverage $1T central bank liquidity to beat sellers — research “ Bitcoin (BTC) hodlers need to watch the central banks of China and Japan as well as the United States as BTC/USD battles “huge” resistance. That was the opinion of trading firm QCP Capital, which in its latest crypto market research piece,…
” How to trade bull and bear flag patterns? “ In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators. There are two types of flag patterns: bull flag and bear flag. While their outcomes are different,…