CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive.
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Category: Market Analysis
Bitcoin hovers near $48K ahead of fresh key US inflation data
Inflation marks just the start of some key macro decisions that could keep Bitcoin down for months, warnings indicate.
Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Not every large-volume holder is interested in selling or sitting on their hands this week.
This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8 years
Advanced NVT was already hinting that Bitcoin was “seriously cheap” but has now printed a rare buy flag.
Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market
BTC and altcoins took a beating over the weekend, but data shows a market with healthier trading conditions, even if prices consolidate for the foreseeable […]
Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K
Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market.
Bitcoin could ‘drive people nuts’ for months with $53K BTC price ceiling — analyst
Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree.
Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.
Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip
Large-volume trader moves point to concerns that a fresh Bitcoin price dip could still occur.
3 reasons why Tezos (XTZ) price broke its downtrend with a 50% rally
XTZ price broke its downtrend with a swift 50% rally once news that Ubisoft’s new NFT platform is built on Tezos blockchain made the rounds […]