Bitcoin price at risk? US Dollar index confirms bullish ‘golden cross’
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. Go to Source
China enacted a number of economic stimulus initiatives to bolster its stock market but will there be a down the pipeline impact on Bitcoin? Go to Source
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes. Go to Source
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. Go to Source Powered by WPeMatico
XRP price is down today like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week. Go to Source Powered by WPeMatico
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Go to Source Powered by WPeMatico
Bitcoin has the chance to set off on a “parabolic curve” as the U.S. dollar index threatens to dive below 100, a popular trader says. Go to Source Powered by WPeMatico
The Dollar Index disconnect from Bitcoin does not necessarily mean that BTC price is about to experience a big rally, historic data suggests. Go to Source Powered by WPeMatico
Bitcoin keeps the market guessing over how it will treat the 200-week moving average at $26,500. Go to Source Powered by WPeMatico
Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Go to Source Powered by WPeMatico