Category: btc price

It’s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn. 30456 Total views 168 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: […]

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A sharp uptick could have wider implications for the two-month Bitcoin price downtrend, one analyst reveals. 3307 Total views 37 Total shares Bitcoin (BTC) surged on the Wall Street open on Jan. 20 as news that Russia was planning to “ban” cryptocurrency failed to impact price performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC […]

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It may be all quiet on Jan. 17 in the absence of Wall Street, but Bitcoin markets might not stay that way for long. 9942 Total views 41 Total shares Bitcoin (BTC) hovered near $43,000 on Jan. 17 as its “boring” price action combined with signs that the market could be stabilizing. BTC/USD 1-hour candle […]

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Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD. 7981 Total views 47 Total shares The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is. As […]

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The latest “death cross” on the Bitcoin daily chart is swept aside in favor of buy-in signals and an “eventual” surge towards $50,000. 8736 Total views 48 Total shares Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buying […]

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Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics. 2361 Total views 15 Total shares Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the […]

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Bitcoin (BTC) may have rallied to $44,000 on the back of United States inflation data, but according to traders, there is little hope of a sustained comeback. In a Twitter discussion on Jan. 12, data analyst Material Scientist warned that significant downside may still return to Bitcoin price action. “Now we wait” Despite showing stength […]

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Even with the abrupt surge to $42.3K, traders warn that Bitcoin and altcoins are still in for “real pain” if the current macro perspectives remain the same. 2967 Total views 48 Total shares Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, […]

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