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Bitcoin may punish bulls if China ups the stakes in the ongoing trade war with the US, QCP Capital warns as markets await a response to tariff hikes. Bitcoin (BTC) risks becoming part of a “classic bull trap” when the US-China trade war takes its next step, analysis warns. In its latest bulletin to Telegram…
Bitcoin’s weekly RSI, while not yet “oversold,” is now at its lowest level since the start of 2023 — Will a drop to $70,000 mark the BTC price bottom? Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows. In X analysis on April 7, popular trader and…
Bitcoin finds stability as US stocks bounce back, and the longer-term outlook improves as traders anticipate China’s yuan devaluation move to benefit BTC price. Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put…
Analysts warn that Bitcoin is not in the clear yet, raising the chance of further price downside to the $60,000 level. Bitcoin (BTC) fell to a four-month low of $74,500 on April 7, and data suggests that the price may not have bottomed yet. Investors dumped risk assets after US President Donald Trump doubled down…
Bitcoin showed signs of decoupling from stocks last week, but today’s drop below $80,000 suggests BTC and altcoins are primed for a sell-off when US equities markets open. Last week, Bitcoin (BTC) began showing early signs of decoupling from the US stock markets. Bitcoin was relatively flat over the week, while the S&P 500 plunged…
BTC price predictions diverge from stocks as Bitcoin shows surprising resilience to market downside over US trade tariffs — traders see that continuing next week. Bitcoin (BTC) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from…
XRP on-chain data highlights distribution activity among whales, which may weigh down the altcoin’s price in the short term. XRP (XRP) price has plunged more than 35% since reaching a multi-year high of $3.40 in January — and the downtrend may deepen in April as new bearish signals emerge. Let’s examine these catalysts in detail….
Solana continues to make strides in DeFi, but a retest of the $200 level remains uncertain. Solana’s native token SOL (SOL) dropped by 9% between March 28 and April 4, but several key metrics grew during the same period. Despite SOL’s price downturn, the Solana network continues to outpace competitors, maintaining its second-place position in…
Bitcoin adds gains as US stock markets drop a record $3.5 trillion in value and Federal Reserve Chair Jerome Powell warns of “higher inflation and slower growth.” As stock markets crumbled for a second day on April 4, US Federal Reserve Chair Jerome Powell said that the Trump administration’s “reciprocal tariffs” could significantly affect the…
Bitcoin is showing signs of decoupling from gold and stocks after Trump’s global tariff announcement, though concerns linger. Bitcoin (BTC) price could head back toward the $100,000 level quicker than investors expected if the early signs of its decoupling from the US stock market and gold continue. Source: Cory Bates / X Bitcoin has shrugged…