Bitcoin price eyes ‘relief rally’ to $61K after downside liquidation wipeout
Bitcoin’s downward price action led to another round of liquidations, with over $78 million over the past 24 hours.
Auto Added by WPeMatico
Bitcoin’s downward price action led to another round of liquidations, with over $78 million over the past 24 hours.
Analysts are eying a potential correction below $54,000 to $50,000, despite growing expectations of an interest rate cut in the
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price.
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar’s performance and signs of easing monetary policy, […]
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance.
Bitcoin’s crabwalk could extend into September, as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure.
