Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun
BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target. Go to Source Powered by WPeMatico
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3 reasons why Bitcoin price rallied toward $45K entering March
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses. Go to Source Powered by WPeMatico
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally. Go to Source Powered by WPeMatico
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
Bitcoin’s growth has quickly outpaced Nasdaq’s in the past ten years. Go to Source Powered by WPeMatico
Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO
“I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive,” said Dan Morehead. Go to Source Powered by WPeMatico
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000. Go to Source Powered by WPeMatico
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. Go to Source Powered by WPeMatico
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Go to Source Powered by WPeMatico
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging … Read more
