Bitcoin sees a $1,300 daily candle, but a $1 billion surge in open interest sparks concern over BTC price strength at new levels. Bitcoin held around 3% higher on Feb. 8 as crypto markets teased some much-needed upside. Bitcoin adds nearly $1 billion open interest Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on…
Read more
Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual. should break new all-time highs in 2024 — but the halving will punish bulls first, new analysis says. In its latest market update released on Feb. 2, trading suite…
Read more
The cost of Bitcoin BTC expanded by 11% in the eight days following Jan. 23 subsequent to skipping off the $38,500 support. The development astonished numerous financial backers, including Arthur Hayes, prime supporter of the BitMEX trade. Hayes anticipated that risk assets, such as Bitcoin, would fall as a result of the increased risks of…
Read more
JPMorgan begs CNBC to stop talking about “pet rock” BTC despite financial heavyweights seeing billions of dollars in spot Bitcoin ETF inflows. Bitcoin BTC tumbled to intraday lows preceding the Jan. 17 Money Road open as the World Monetary Discussion (WEF) offered new standard analysis. Dimon: Bitcoin is a “pet rock” Information from Cointelegraph…
Read more
Over the controversial ETF decision date, BTC price predictions diverge, with many Bitcoin traders anticipating a rebound from the initial rise. Bitcoin tracked $42,500 into the 2023 yearly close as traders began to see “interesting” BTC price behavior. Post-ETF BTC price drop targets include $36,000 Cointelegraph Markets Pro and TradingView data showed that…
Read more
A BTC value remedy is “more uncertain” going into the ETF choice, yet such an occasion would be good for Bitcoin by and large, investigation says. Bitcoin BTC circumnavigated $44,000 into the Dec. 21 Money Road open as examination said that a BTC value remedy was “vital.” $48,000 marks BTC price “topside resistance”…
Read more
Bitcoin remains on track to seal its highest monthly close since May 2022, but BTC’s price is stubbornly rangebound. Bitcoin dismissed new US full scale information into the Nov. 30 Money Road open as brokers zeroed in on the month to month close. PCE keeps Fed pivot pressure alive Information from Cointelegraph Markets Ace…
Read more
