Topped or bottomed? Traders at odds over whether Bitcoin will keep rising
$44,000 remains a focus overnight, but clear direction evades Bitcoin markets and participants are nervous. Go to Source Powered by WPeMatico
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Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022. Go to Source Powered by WPeMatico
Traders say Bitcoin run to $44K may be a relief bounce, citing a repeat of December’s ‘nuke’
A sense of foreboding characterizes the market even after inflation data sparks solid intraday gains for BTC/USD. Go to Source Powered by WPeMatico
Bitcoin funding rates stay negative as BTC price spikes to $43.5K
The upcoming U.S. inflation report provides some familiar volatility as BTC price action hits six-day highs. Go to Source Powered by WPeMatico
Bitcoin exchange outflows see biggest daily spike since September 2021
Almost 30,000 Bitcoin leaves major exchanges in a single day as buyers copy miners in taking the BTC supply off the market. Go to Source Powered by WPeMatico
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode
Data shows lost and held Bitcoin hitting a one-year high, while miners opened the year by accumulating “massive” amounts of BTC. Go to Source Powered by WPeMatico
Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins
Even with the abrupt surge to $42.3K, traders warn that Bitcoin and altcoins are still in for ‘real pain’ if the current macro perspectives remain the same. Go to Source Powered by WPeMatico
Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts. Go to Source Powered by WPeMatico
Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’
Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down. Go to Source Powered by WPeMatico
Bitcoin batters longs as liquidations copy May 2021 run to $30K
It’s been longs paying the price since early December, data shows, in a sign which accompanied a market reversal several times last year. Go to Source Powered by WPeMatico
