Bookmarking Crypto Insights
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Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday’s surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in the last seven days. … Read more
Bitcoin and select altcoins continue to face selling at higher levels, which is proof that investor sentiment remains negative as traders continue to sell on rallies. Go to Source Powered by WPeMatico
Bitcoin’s technical setup leans toward additional downside, leading some traders to exit altcoins which are struggling at overhead resistance levels. Go to Source Powered by WPeMatico
Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%. Go to Source Powered by WPeMatico
Bitcoin and altcoins followed stocks lower after hawkish statements from the Federal Reserve confirmed that the central bank remains serious about reducing inflation. Go to Source Powered by WPeMatico
Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed’s perspectives on inflation, interest rate hikes and the health of the economy are made public. Go to Source Powered by WPeMatico
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium. Go to Source Powered by WPeMatico
Bitcoin and altcoins sold-off sharply on Friday, leading technical traders to forecast a possible drop to new yearly lows. Go to Source Powered by WPeMatico
Crypto and stock markets corrected as traders grew nervous ahead of Wednesday’s FOMC minutes, but the real stress point is whether traders will “buy the dip.” Go to Source Powered by WPeMatico
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip. Go to Source Powered by WPeMatico
