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“# Bitcoin returns to $37K amid warnings that BTC price ‘needs to go lower’ ” Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC evades a major resistance test Data from Cointelegraph Markets Pro and TradingView showed…
“# Defying the bear market, this automated strategy is up 15% so far in 2022 ” Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much work for half as…
“# Bitcoin dodges ‘sub-$30K liquidity grab’ — levels to watch now ” Bitcoin (BTC) could still crash to $29,000 and lower, but price action is “healthier” than a week ago, the latest research concludes. In a fresh market update on Friday, analysts at trading suite Decentrader said that BTC price action is finally showing “green…
“# 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,…
“# Crypto hodlers may not get richer from mainstream adoption — Goldman Sachs ” Bitcoin (BTC) and cryptocurrency adoption may not necessarily make its price higher in dollar terms, Goldman Sachs argues. In a note seen by Bloomberg published Thursday, the international banking giant claimed that mainstream acceptance of crypto assets would increase their correlation…
“# ‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022 ” Bitcoin (BTC) sellers’ losses are mounting as the BTC price downturn shows that some investors are panicking at current prices. Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more and more BTC entities have been…
“# Bitcoin analysts fear new BTC price dip as funding rates drop post Fed ” Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Funding signals dip expectations Data from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling…
“# Bears target new lows for Ethereum as Friday’s $1.1B options expiry approaches ” Ether (ETH) price tumbled below the $3,000 support on Jan. 21 as regulatory uncertainty continues to weigh down the sector and rumors that the United States Securities and Exchange Commission is reviewing DeFi’s high-yield crypto lending products continue to circulate. On…
“# 3 interesting NFTs launching this week: Cool Pets, Ethaliens and KaraFuru ” With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have recorded their largest sale at 260 Ether ($627,755 at current…
“# 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…