Bitcoin’s price in 2023 is mirroring a 2015 fractal that saw BTC price doubling from $350 to $700 in seven months.
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Category: Market Analysis
Ethereum price turns bullish ahead of next week’s Shanghai and Capella upgrades
ETH price found news bullish momentum as traders gear up for next week’s major network upgrades.
Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets
Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May.
3 key Ethereum price metrics cast doubt on the strength of ETH’s recent rally
ETH’s price is showing strength, but network and derivatives data suggest that ETH will struggle to hold the $1,850 price level.
$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
Traders agree that Bitcoin still lacks direction, but $25,000 and $30,000 remain targets once conditions change.
$1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage
Commodities rallied as the U.S. Treasury struggled with the banking crisis, but Bitcoin bulls also overplayed their hand in this week’s options expiry.
Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K
Bitcoin and Ethereum are both attempting to tackle major price boundaries, but suspicions over the cause of the rally remain.
Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s
Research from Bloomberg Intelligence argues that liquidity conditions still do not favor a continuation of the Bitcoin rally.
Arbitrum FUD spooks the market, but on-chain data shows whales accumulating ARB
On-chain data and technical analysis show strength in ARB’s price, even after a weekend filled with rumors and sell-offs.
Bitcoin barely holds $28K as bulls see new rejection at key resistance
A fresh BTC price charge on liquidity around $30,000 ends in a return to a familiar Bitcoin trading range.