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” Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader “ Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has concluded. In a Twitter thread on July 6, popular commentator Wolf eyed key moving average data as proof that BTC…
” Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action “ Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection. Data…
” Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO “ Bitcoin (BTC) is attempting to rise above the psychological level of $20,000 on July 6, a sign that bulls are trying to stall the brutal bear market. The retail traders are making the most of the current fall and are…
” World’s first short Bitcoin ETF sees exposure explode 300% in days “ Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in…
” Risk profile of crypto markets similar to oil and tech: Coinbase “ Despite some touting crypto as a hedge against traditional markets, digital assets today share a similar risk profile to commodities such as oil and gas, and tech and pharmaceutical stocks, according to analysis from Coinbase’s chief economist. The observation comes from a…
” Bitcoin price swings 7.5% during intraday trading as US recession concerns mount “ The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from Cointelegraph Markets Pro and TradingView shows that an early morning…
” Bitcoin faces fresh pressure as US dollar crushes gold, risk assets “ Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year record Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
” Crypto community eyeing three macro events to tip crypto scales in July “ The crypto community is looking into three key dates this month that could profoundly impact the trajectory of the crypto market and the wider United States macroeconomic environment this year. On July 13, the monthly Consumer Price Index (CPI) and data…
” Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB “ The crypto markets have remained relatively stable over the weekend and on July 4, which is a holiday for the United States financial markets due to Independence Day. Although Arthur Hayes, former CEO of derivatives platform BitMEX, was expecting a…
” Bitcoin price spikes to $20K as whale bought BTC confirms support “ Bitcoin (BTC) rose to clip $20,000 for the first time in five days on July 4 as the Independence Day holiday brought some unexpected gains. BTC/USD 1-hour candle chart. Source: Tradingview.com $20,000 briefly reappears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…