Traders are increasingly betting on a deeper dive to June’s lows or even beyond, with $20,000 struggling to hold.
Category: Market Analysis
Bitcoin risks worst August since 2015 as hodlers brace for ‘Septembear’
Serious cold feet over the outlook for monthly timeframes with September historically a “red” month.
Bitcoin mining difficulty set for 8-month record gains despite BTC price dip
Bitcoin network fundamentals seem not to care about spot price weakness, with both difficulty and hash rate making an impressive recovery.
3 reasons why Binance Chain (BNB) rallied 66% since the crypto market crashed
BNB token holds a $50 billion market cap and has rallied 66% since the crypto market crashed, but what is behind the altcoin’s tremendous recovery?
Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K
Claims that 137,000 BTC are about to be offloaded on the open market are met with intense suspicion as BTC price volatility returns.
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000.
Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.
Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States.
Bitcoin breakout possible as whales close in on sideways BTC price
Order book data shows bids and asks narrowing as stocks inch higher and the U.S. dollar bounces back from a previous slip.
Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
A swift leg-up for BTC price action nonetheless fails to crack the week-long trading range so far.