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” Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high “ Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on the day of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin bullish with Ustocks into FOMC Data from Cointelegraph…
” Bitcoin bear market 70% dip kills BTC ‘tourists’ as metric screams buy “ Bitcoin (BTC) speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite Decentrader flagged potential maximum risk-returns for BTC at current prices. Swift: “Euphoria destroyed”…
” Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’ “ Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.” Data from on-chain monitoring resource Coinglass shows Binance’s BTC balance decreased by over 30,000 BTC into…
” Bitcoin’s bear market is far from over, but data points to improving investor sentiment “ It’s been a near-unprecedented year of extremes and black swan events for the crypto market, and now that 2022 is about to wrap up, analysts are reflecting on the lessons learned and attempting to identify the trends which may…
” Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT “ The consumer price index (CPI) data on Dec. 13 and the outcome of the Federal Reserve meeting on Dec. 14 could influence the United States stock markets and the cryptocurrency markets in the near term. Traders are likely to play…
” Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K “ Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of…
” Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow “ Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be…
” What is a Doji candle pattern and how to trade with it? “ The Doji candlestick, also called a Doji star, shows indecision between buyers and sellers in the crypto market. This type of candlestick is confirmed on a technical analysis chart when the opening and closing prices are almost identical. What is a…
” ‘Biggest week of the year’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000. After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open. With volatility…
” Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength “ The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to have booked profits before the busy economic calendar next week. The S&P 500 index dropped…