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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Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
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.”
Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 Bitcoin, sellers would “need to panic out to a large degree.”
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
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.
Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead
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.”
Analysts say Bitcoin ‘bottom is in’ as BTC bounces back to $38,000
Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.”
U.S. inflation breaks 40-year record: Can Bitcoin serve as a hedge asset?
Many have likened BTC’s anti-inflation properties to those of gold, but there are important differences between the two assets.
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000.
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine.
Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out
Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level.
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