Bitcoin sparks ‘bull trap’ warning after BTC price rejects at $76K
Bitcoin bulls failed to take out major resistance at six-week highs as open interest trends resulted in warnings over a BTC price reversal. Go to Source
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Bitcoin bulls failed to take out major resistance at six-week highs as open interest trends resulted in warnings over a BTC price reversal. Go to Source
Bitcoin chases $75,000 as the return of aggressive spot BTC ETF inflows, billion dollar buys from Strategy and an improvement in investors’ risk appetite propel the crypto market. Go to Source
Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs. Go to Source
Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line. Go to Source
Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed. Go to Source
Bitcoin price analysis saw conditions slowly “building” to support a breakout as BTC emerged as the strongest macro performer since the Iran conflict began. Go to Source
Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict. Go to Source
Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode. Go to Source
Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls’ key reclaim level. Go to Source
Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance. Go to Source