Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.
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Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.
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Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.
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Bitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support.
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BTC price strength allows cautious Bitcoin traders outline targets above $17,500.
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BTC price action stays cool over the weekend as Bitcoin bulls attempt to flip $17,000 to support.
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The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support.
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Weekend losses solidify as macro volatility to come meets internal turmoil over FTX.
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Bulls have a lot of work left to do, say Bitcoin analysts as consolidation enters for BTC price.
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Dollar weakness shows instant results for BTC price strength, with local highs coming back in for a test.
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