Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. Go to Source Powered by WPeMatico
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The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. Go to Source Powered by WPeMatico
The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows. Go to Source Powered by WPeMatico
Safe-haven rivals move inversely to one another in a quarter mired by mixed inflation reports, Elon Musk FUD, and a suddenly hawkish Federal Reserve. Go to Source Powered by WPeMatico
The world’s second-largest cryptocurrency also surged in tandem with positively correlated Bitcoin, the flagship digital asset. Go to Source Powered by WPeMatico
According to an independent market analyst, altcoin holders face the risk of facing twice more losses if the Bitcoin price corrects by another 30%. Go to Source Powered by WPeMatico
Bitcoin’s recent push from under $30,000 to over $34,500 asserts hopes of a big price recovery ahead. Go to Source Powered by WPeMatico
The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China. Go to Source Powered by WPeMatico
Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000. Go to Source Powered by WPeMatico
Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook. Go to Source Powered by WPeMatico
Economists expect the annual Consumer Price Index (CPI) to climb to 4.7%. Go to Source Powered by WPeMatico