Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

Bitcoin traders express optimism even as BTC price targets shift lower

Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower. Source link

Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion

Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing. Source link

3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in

Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price. Source link

Bitcoin traders say BTC’s trend change decision rests at $65K

Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout. Source link

Bitcoin price drop below traders’ cost basis warns of deeper sell-off

Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue. Source link

Bitcoin price sees oversold bounce to $62K but will it hold?

Bitcoin price snaps back above $62,000, but technical traders are unsure whether the BTC downtrend is over. Source link

Bitcoin analysts forecast BTC price drop to $50K before parabolic run begins

A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why. Source link

Crypto investment products see $584M outflow as Bitcoin descends to $60K

Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products. Source link

Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers

Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers. Source link

3 reasons why Bitcoin price struggles to reclaim $64K

Bitcoin’s tumultuous week continues as data points to further downside in BTC price. Source link