Author: Cointelegraph By Rakesh Upadhyay

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days. Source link

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin. Source link

Bitcoin’s (BTC) volatility remained subdued in the final few days of the last year, indicating that investors were in no hurry to enter the markets. Bitcoin ended 2022 near $16,500 and the first day of the new year also failed to ignite the markets. This suggests that traders remain cautious and on the lookout for…
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Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into. Source link

Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control. Source link

The S&P 500 may try to move up in the short term and that could trigger a recovery in Bitcoin and select altcoins. Source link

Cryptocurrency markets lack any signs of volatility going into the year-end holiday season. This suggests that both the bulls and the bears are playing it safe and are not waging large bets due to the uncertainty regarding the next directional move. This indecisive phase is unlikely to continue for long because periods of low volatility…
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Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push. Source link

It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumble from about $2.2 trillion at the beginning of 2022 to about $850 billion in December. The sharp erosion in valuation was caused due to several high-profile bankruptcies in 2022. The entire Terra ecosystem imploded with the…
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Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers. Source link