Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip
A lack of immediate retaliation from China emboldens U.S. stocks as new research concludes that the market is becoming increasingly "risk-on."
Auto Added by WPeMatico
A lack of immediate retaliation from China emboldens U.S. stocks as new research concludes that the market is becoming increasingly "risk-on."
The status quo sees a challenge from U.S.-China tensions as key levels remain in play for bulls.
The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week.
BTC price action avoids a disappointing monthly close, but market players are demanding more proof of fundamental strength.
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last.
The future for Bitcoin price action may be much more bullish than the short-term charts, says Bloomberg Intelligence's Mike McGlone.
Bitcoin has historically profited from Puell Multiple lift-offs, but unique macro conditions mean what happens next is uncertain.
The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn.
$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty.
Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets.