Bitcoin paints a clear ‘double bottom’ but ailing momentum could force a $34K retest
BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question.
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BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question.
Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate.
The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar.
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
Anton Bukov, the co-founder of 1inch Network, explains how Ethereum can overcome its scalability issue and why it could soon become more valuable than BTC.
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant's CEO.
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge.
“Often the crowd unanimously call the dip/bottom earlier than the actual dip and the real bottoms forms when the crowd least expects which is represented by low to no mentions…
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally.
BTC price is holding slightly below $38,000, but analysts warn that mounting macroeconomic issues and a lack of buyers could lead the price to “probe lower.”