Here’s why Bitcoin traders expect choppy markets for the remainder of 2021
Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022.
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Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022.
Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry.
OMI, ANT and RAMP booked 20% gains after Bitcoin and the wider crypto sector reacted positively to today’s Federal Reserve announcements.
Traders look for a market-wide recovery now that the Fed confirmed at least three rate hikes and a wind-down of its bond purchasing policy in 2022.
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.
The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid…
BTC price slumped to an intraday low at $45,672 and analysts say a classic technical analysis pattern and on-chain data point toward a strong flush down to $40,000.