Bitcoin holds $24K as US dollar taps 3-week lows on Eurozone inflation report
Estimates for July inflation across the euro area make for grim reading at 8.9%, with the U.S. dollar rebounding.
Auto Added by WPeMatico
Estimates for July inflation across the euro area make for grim reading at 8.9%, with the U.S. dollar rebounding.
Bitcoin price performance is taking in increasingly higher resistance levels as July gains could top 20%.
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.
The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers.
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come.
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open.
Bitcoin can still rise to seven figures within five years, PlanB claims, calling for investors to ignore short-term "noise."
Cold feet reigns across crypto markets once again as Bitcoin bulls lose steam and Ethereum drops 15% in two days.
Bitcoin's upside prospects are supported by at least three on-chain and technical metrics.
Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline.