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” Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K “ The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk buying Twitter began to fade, and concerns about the state of the global economy took the forefront again. Tech-related stocks…
” Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase “ The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data…
” Analyst suggests swing trading Bitcoin is the best move as BTC price dips below $40K “ Bitcoin (BTC) price flashed bullish for a brief moment, possibly tricking some traders into opening longs, before plunging back below $40,000 in evening trading hours. Let’s take a quick look at what traders think about the current price action…
” Analysts say Bitcoin has ‘already capitulated,’ target $41.3K as the most hold level “ Traders’ struggle to build sustainable bullish momentum persisted across the cryptocurrency market on April 20 after prices slid lower during the afternoon trading session and ApeCoin (APE) appaers to be one of the few tokens that is defying the current market-wide downturn. Data…
” Bears control Bitcoin price, but traders say the $40K zone is still good ‘for longs’ “ Traders faced another day of red markets on April 14 after the weakness in equities markets continued to put a damper on crypto prices. Data from Cointelegraph Markets Pro and TradingView shows that after holding onto support above…
” Bitcoin price slides below $40K following a ‘lackluster’ breakout “ Extreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United States grapples with the highest Consumer Price Index (CPI) print since 1981. Crypto Fear & Greed Index….
” Three-quarters of BTC addresses still in profit despite market decline: Glassnode “ The price of Bitcoin (BTC) has been on the decline again recently, but new insights from blockchain analytics firm Glassnode show that up to 75% of Bitcoin addresses are in profit. In its Week-On Chain report published on Monday, April 11, Glassnode…
” Bitcoin price dip to $39.2K places BTC back in ‘bear market’ territory “ The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more interest rates by the U.S. Federal Reserve and fear of a global food shortage led to widespread weakness across…
” Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices “ Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb…
” Stronger dollar prospects risk pushing down Bitcoin price to $32K “ The U.S. dollar’s ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse correlation with the dollar since January 2022. BTC/USD daily price chart featuring correlation with DXY. Source: TradingView Dollar paints “bull flag” The…