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“# Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders ” Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “One step at a…
“# Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’ ” A painful retracement in the Bitcoin (BTC) market earlier this week sent the price below $40,000 for the first time since September 2021. Many analysts predicted the decline to continue toward the $30,000 to $35,000 range, but the price reclaimed $40,000…
“# Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies ” The cryptocurrency community is back in high spirits on Jan. 12 after a majority of tokens in the top 200 flashed green following Bitcoin’s (BTC) spike to $44,000. The return of bullish momentum has come as a boon to several altcoin projects, with…
“# Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins ” Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, but fresh comments from U.S. Federal Reserve chair Jerome Powell appear to be providing a boost…
“# Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022 ” Global financial markets, stocks and cryptocurrencies took a knock on Jan. 10 after rumors that the Federal Reserve may hike interest rates four times in 2022 circulated and sparked a sell-off and sent the benchmark 10-year Treasury yield…
“# These 3 cryptocurrencies are taking an even bigger hit during Bitcoin’s price slump ” The cost to purchase one Bitcoin (BTC) has dropped almost 10% in the last seven days and has been eyeing extended declines as it drops below $40,000, its interim psychological support, on Jan. 10. BTC/USD weekly price chart. Source: TradingView…
“# Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K ” Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike Capital, a New York-based asset management firm. The…
“# Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’ ” Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail, the cryptocurrency’s 50-day exponential moving average (50-day EMA) fell below its 200-day…
“# Cosmos ecosystem tokens rally after Evmos promises Ethereum interoperability ” The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted. Data from…
“# Here’s why Bitcoin traders say a drop to $38K is the worst case scenario ” The fallout from the Federal Reserve’s recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the cryptocurrency market on Jan. 6. The Crypto Fear & Greed index has been dialed down to 15…