Low CPI print is fodder for Bitcoin to retest all-time highs — Grayscale research head
Bitcoin’s response to the CPI report was surprisingly muted.
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Bitcoin’s response to the CPI report was surprisingly muted.
The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100.
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts.
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout.
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Nassim Nicholas Taleb says gold still stands apart as a store of value.
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
The valuation assumes continued aggressive Bitcoin buying by Microstrategy.
Altcoins are in accumulation territory after experiencing a drawdown over the last 3 months.
