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Bitcoin Volatility Amplifies as Fed Chair Speaks at Jackson Hole

Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down…

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Jerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap

The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems…

Continue ReadingJerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap

Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.

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A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’

Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.

Continue ReadingA bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’