Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K

Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support. Source link

Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report

Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.  Source link

Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason 

Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data. Source link

Ethereum gains 15% in a week — Is a recovery to $3K back in sight?  

Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?  Source link

Bitcoin rally above short-term holder metric has traders calling for new BTC price highs

Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound? Source link

Bitcoin price attempts to turn the tide after Fed's 0.5% rate cut

Bitcoin price rallies to $61,000 after the Federal Reserve cuts rates by 50 basis points for the first time since 2020. Source link

Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts

Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun. Source link

Crypto investment products see $436M inflow while Ethereum continues to suffer

Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest. Source link

Did the crypto market bottom this week? — Here’s what the data shows

Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed? Source link

3 reasons why Ethereum price has lagged behind Bitcoin in 2024

Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.   Source link