Bitcoin chart highlights $24.7K as analyst says ‘nothing has changed’
Bitcoin has neither broken out nor down, but the status quo still includes the risk of a trip to BTC price "bearadise."
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Bitcoin has neither broken out nor down, but the status quo still includes the risk of a trip to BTC price "bearadise."
Bitcoin erases all trace of “Grayscale hype,” with September offering a trip below $26,000 and limited chance of upside, BTC price analysis warns.
The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs.
BTC price action is all about the 200-day moving average into the monthly close, with opinions on the outlook increasingly polarized.
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says.
It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says.
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come.
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude.
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market's underperformance.
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see.