Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers.
Category: Market Analysis
Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’
The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week.
Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
Reducing the balance sheet may spark bigger Bitcoin losses than a rate hike, one analyst warns.
This Bitcoin price fractal from 2018 could trap bulls, sink BTC price to $25K — analyst
The eerie fractal risks sending Bitcoin’s price to $25,000 despite its sharp recovery in the previous weeks.
Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out
Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 […]
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase
Plans to include crypto in enhanced surveillance by the Canadian government have the unintended knock-on effect of fuelling “unstoppable money.”
Gnosis (GNO) continues uptrend after vCOW airdrop and rebrand to CoW Protocol
Momentum for GNO builds as Gnosis rebrands to the Coincidence of Wants (CoW) Protocol and launches an airdrop for GNO stakers and validators.
Bitcoin kisses 50-day moving average as trader predicts fresh BTC price volatility
Valentine’s Day keeps the volatility at bay, but stocks are hinting at the likelihood of more exciting times ahead.
Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks
The “Oracle of Omaha” now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies.
Bitcoin spikes to $44.5K amid fresh warning over ‘exceptionally high’ stocks correlation
Resistance still has a shot at being flipped on Feb. 15, but it looks like anything but plain sailing for hodlers, thanks to macro cues.