Bitcoin traders celebrate ‘good news’ as BTC price trades above $56K
Bitcoin’s weekly close above a key support level is “good news” according to traders, and today’s rally to $56,500 could be a sign that the bottom is in. Go to Source
Bitcoin Price
Auto Added by WPeMatico
Crypto products post $726M outflows amid rate cut uncertainty
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10. Go to Source
Arthur Hayes predicts Bitcoin rally after closing short position
Bitcoin could start its rally next week, on a potential liquidity injection in the world’s largest economy. Go to Source
El Salvador marks three years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit. Go to Source
Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend? Go to Source
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify
Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term. Go to Source
Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $53,810, a level not seen since early August. Bitcoin Reaches a 30-Day Low Over the past 24 hours, bitcoin … Read more
Crypto market enters ‘extreme fear’ as analysts warn of Bitcoin below $50K
Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows. Go to Source
Bitcoin set for sub $50K correction in September: Analysts
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs. Go to Source
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. Go to Source