Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC
The market is clear for an attack on $50,000 resistance but not everyone is betting on further upside, data shows.
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The market is clear for an attack on $50,000 resistance but not everyone is betting on further upside, data shows.
What happens at the end of the day will determine the extent of Bitcoin's breakout and what might lie ahead, analysts say.
The Fed’s plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday’s options expiry.
GBTC will “take time” to restore its balance thanks to changing market forces, analyst Willy Woo says.
MACD is green for the first time since Bitcoin's all-time highs, but a correction is the "most obvious" first step, one trader says.
New all-time highs are all but guaranteed when the time is right, the latest analysis claims, as both Bitcoin and altcoins take a breather.
A short squeeze could send BTC/USD far beyond $50,000 if the $48,000 sell wall crumbles.
There's no doubting the BTC price upside, but under the hood, all is not what it seems, one analyst highlights.
Bulls refuse to give up as expectations grow of a fresh charge on final resistance before $50,000.
A dip below $46,000 has little impact on sentiment, with a longer-term view still favoring a showdown with $60,000 and above.