Bitcoin traders express mixed emotions about what’s next for BTC price
Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support. Go to Source Powered by WPeMatico
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Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support. Go to Source Powered by WPeMatico
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery. Go to Source Powered by WPeMatico
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias. Go to Source Powered by WPeMatico
Bitcoin’s bounce above $32,000 boosted the mood among traders who believe the bottom is in, but some analysts caution that heavy resistance blocks the road to new highs. Go to Source Powered by WPeMatico
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
The 50-week simple moving average earlier offered incredible support to Bitcoin’s long-term bullish bias. But bears took it convincingly during the Monday sell-off. Go to Source Powered by WPeMatico
Bitcoin’s drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals? Go to Source Powered by WPeMatico
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders. Go to Source Powered by WPeMatico
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst. Go to Source Powered by WPeMatico
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020. Go to Source Powered by WPeMatico