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Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns…
Bitcoin is displaying the same technical conditions that have historically marked major market bottoms, even as some on-chain indicators continue to point to the possibility of further downside. In his…
Bitcoin’s move above $66,000 comes hot on the heels of softer inflation data, higher ETF demand, and geopolitical conditions. Why Is Crude Oil Price Rising? The market is reacting to…
July has been historically a positive month for bitcoin and this edition hasn’t disappointed so far. The cryptocurrency began the month on the wrong foot, dipping below $58,000 for the…
Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped a five-week high of $65,700. “Bitcoin has exited its capitulation regime…
A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back into focus. Specifically, it has revived concern among certain…
Bitcoin (BTC) continues to trade in a consolidation phase, a little above the $60,000 level. The market is approaching 165 days of testing that crucial price zone despite a rally…
The leading digital asset has been stuck in a persistent bear market over the past several months, currently trading at around $64,500 (a nearly 50% decline from its ATH set…
Bitcoin investors waiting for a traditional four-year cycle bottom in September or October could be caught on the wrong side of the market, according to analyst Doctor Profit. While the…
American business intelligence firm Strategy has bolstered its financial position by addressing liquidity concerns raised earlier this year. In a July 14 follow-up, the on-chain analytics firm CryptoQuant said the…