Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control. Go to Source
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Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control. Go to Source
After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. dollar index may limit the upside recovery. Go to Source
Bitcoin offers slight volatility after fresh U.S. macro data, but BTC price behavior remains firmly rangebound. Go to Source Powered by WPeMatico
Bitcoin’s record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction price will take and how it will impact altcoins. Go to Source Powered by WPeMatico
Bitcoin is at the pivotal 50-day SMA support and a drop below this level could result in accelerated selling in BTC and altcoins. Go to Source Powered by WPeMatico
Bitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support. Go to Source Powered by WPeMatico
Bitcoin has the chance to set off on a “parabolic curve” as the U.S. dollar index threatens to dive below 100, a popular trader says. Go to Source Powered by WPeMatico
The weakness in the U.S. dollar index bodes well for Bitcoin and the altcoins in the near term. Go to Source Powered by WPeMatico
The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally. Go to Source Powered by WPeMatico
An onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level. Go to Source Powered by WPeMatico