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“# Bitcoin rebounds over $41K after painting a ‘bullish hammer’ — Can BTC hit $64K next? ” Bitcoin (BTC) rallied above $41,000 on Feb. 28 in a new sign of buying sentiment returning after last week’s brutal selloff across the risk-on markets, including the S&P 500. BTC’s price jumped by over 9% to reach $41,300,…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ATOM, FTM ” The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative,…
“# Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low ” Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rally Mirror Protocol’s native token,…
“# Terra LUNA price nears key level after rallying 45% this week ” A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback. Descending channel risks LUNA decline LUNA has been trending lower inside a falling channel—made up of two parallel descending…
“# Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours ” Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours. Investors bulk up Bitcoin holdings The number of Bitcoin…
“# Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’ ” Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes. Data from Cointelegraph Markets Pro…
“# Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’ ” There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have…
“# Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead ” Bitcoin’s sell-off appears to be taking a pause even though the United States rolled out new sanctions against Russia on Feb 22. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) continues to hover slightly below…
“# Analysts say Bitcoin ‘bottom is in’ as BTC bounces back to $38,000 ” The ongoing tensions between Russia and Ukraine continue to be the dominant news story on Feb. 22 as Bitcoin (BTC) and the wider global financial tremble under the pressure as the world awaits some form of resolution to the matter. Data…
“# On-chain metrics hint at a bearish outlook for Bitcoin ” Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent. In its weekly analytics report on Feb. 21, on-chain metrics firm Glassnode said that Bitcoin bulls “face a number of headwinds,” referring to increasingly…