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” Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K “ A sequence of macro warnings coming out of the Goldman Sachs camp puts Bitcoin (BTC) at a risk of crashing to $12,000. Bitcoin in “bottom phase?” A team of Goldman Sachs economists led by Jan Hatzius raised their prediction for…
” What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over? “ The Ethereum Merge came and went, leaving investors to ponder what the next trending development in the market could look like. In a Cointelegraph Twitter Space with Capriole Fund founder Charles Edwards, the analyst mentioned that excitement over…
” Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever “ Sept. 12 will leave a mark that will probably stick for quite a while. Traders at the Bitfinex exchange vastly reduced their leveraged bearish Bitcoin (BTC) bets and the absence of demand for shorts could have been caused by the expectation of…
” 3 reasons why Bitcoin traders should be bullish on BTC “ Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time to be buying Bitcoin. In the last week,…
” 3 Bitcoin price metrics suggest Sept. 9’s 10% pump marked the final cycle bottom “ The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being dismissed by most…
” Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer “ Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle…
” Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead? “ The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success. ETHPOW drops 80% On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept….
” Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run “ Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15,…
” Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs “ An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current…
” Ethereum Classic books 12% rally as mining support for ETC gains pace “ Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came…