Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength. Go to Source Powered by WPeMatico
BTC Price
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Bitcoin holds 200-week average as trader says ‘inflection point’ is here
Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key moving average trend line. Go to Source Powered by WPeMatico
Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets
Bitcoin decides that bad news is not bad enough as upside volatility accompanies proof that U.S. inflation remains sticky. Go to Source Powered by WPeMatico
Bitcoin losing its 200-week trendline puts $20K in play — BTC price analysis
BTC price action gives analysts reasons to be bearish, while Bitcoin shuns volatility from the day’s macro triggers. Go to Source Powered by WPeMatico
Bitcoin holds $20K realized price as analyst eyes ‘big moves coming’
Bitcoin “panic” is unwarranted, Philip Swift suggests, with BTC price action conforming to expectations on longer timeframes. Go to Source Powered by WPeMatico
Bitcoin ‘buys the rumor’ on US debt ceiling as BTC price nears $27.5K
BTC price action could attempt a reclaim of $30,000, analysis says, with Bitcoin climbing through its trading range. Go to Source Powered by WPeMatico
2 more rate hikes? Bitcoin analyst counts down to ‘huge’ volatility
Bitcoin fails to respond even to a market-moving fake news event about an explosion at the Pentagon. Go to Source Powered by WPeMatico
Why is Bitcoin price stuck?
Bitcoin is a volatile asset but BTC price can get stuck inside narrow trading ranges for week, if not months for multiple reasons. Go to Source Powered by WPeMatico
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern. Go to Source Powered by WPeMatico
Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes
BTC price action destabilizes as markets watch Fed Chair Jerome Powell’s language for hints of policy change. Go to Source Powered by WPeMatico
