BTC price keeps traders and analysts in the dark as a week of macro triggers dawns while Bitcoin network fundamentals head toward new all-time highs.
Category: Market Analysis
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention […]
Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining
Market analyst Charles Edwards says that while there are good reasons to exercise caution, investors’ risk-off sentiments and expectation of a recession could be overblown.
Bitcoin price settles at $22.4K as daily RSI retraces 2023 bull run
Bitcoin’s RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight.
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar.
Bitcoin price would retest $25K without Silvergate saga — analysis
Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room.
Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data
Bitcoin’s old 2017 all-time high is still a key level when it comes to long-term investment, data shows.
Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February
Despite Bitcoin’s muted monthly performance, STX, SSV, CFX, AGIX and GRT surged higher, likely because of popular market narratives.
Derivatives data highlights crypto traders’ positive sentiment and belief in further upside
A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to […]
BTC price needs to close February above 50-month trend line — Analysis
A key Bitcoin battleground forms the backdrop for the end of the month amid a warning that BTC price action “doesn’t feel bullish.”