Bitcoin tests old 2021 top as gold falls to six-week lows under $4.7K
Bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off.
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Bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off.
Bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day’s FOMC meeting.
Bitcoin consolidated recent gains in the face of blanket skepticism over its rebound, while gold threatened to give up $5,000 support.
Bitcoin bulls failed to take out major resistance at six-week highs as open interest trends resulted in warnings over a BTC price reversal.
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 […]
Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs.
Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line.
Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.
Bitcoin price analysis saw conditions slowly “building” to support a breakout as BTC emerged as the strongest macro performer since the Iran conflict began.
Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict.
