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“# The US Federal Reserve is making some analysts bullish on Bitcoin again ” Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the U.S. dollar on weaker-than-expected economic data. In detail, Bitcoin’s drop last week to below $33,000 met with a healthy buying sentiment that pushed…
“# Bitcoin price dips below $37K as a descending channel pattern comes back into play ” The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cointelegraph Markets Pro and TradingView shows that after spending the morning hovering around $38,200, BTC was…
“# Fidelity: Bitcoin is a ‘superior form of money’ ” Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for BTC to be treated separately from the rest of the digital assets. The paper argued that BTC is fundamentally different from the hundreds of other…
“# Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support ” It is not too late for Bitcoin (BTC) to reclaim its bullish bias as it halfway paints an indecisive ‘Doji’ candle on the weekly chart. In detail, Bitcoin’s price correction this week to below $33,000 had it form a lower wick,…
“# Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets ” Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market. Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets…
“# Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement ” The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of briefly Bitcoin (BTC) climbed to $37,500 as stock markets staged a midday rally that recovered most of the losses from Jan….
“# Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022? ” The internet is filled with Bitcoin (BTC) price forecasts. For example, some analysts believe that the flagship crypto will hit $1 million per coin in the next 10 years, while others think BTC price will eventually drop to…
“# Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’ ” Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This…
“# Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market ” Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts…
“# Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ move ” The wider cryptocurrency market continued to see choppy, sideways price action on Jan. 17 with Bitcoin (BTC) experiencing a midday dip to $41,650. Across the market, trading volumes remain subdued and U.S. financial markets were closed in observation of the…