Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. Go to Source Powered by WPeMatico
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Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. Go to Source Powered by WPeMatico
Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000. Go to Source Powered by WPeMatico
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing. Go to Source Powered by WPeMatico
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support. Go to Source Powered by WPeMatico
This key moving average convergence is a strong signal that the market is shifting from bearish to bullish. Go to Source Powered by WPeMatico
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. Go to Source Powered by WPeMatico
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit. Go to Source Powered by WPeMatico
Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached. Go to Source Powered by WPeMatico
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. Go to Source Powered by WPeMatico
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. Go to Source Powered by WPeMatico