Author: Cointelegraph By William Suberg

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BTC price bounces 5% as investor says Bitcoin ETF ‘99.9% done deal’

[ad_1] Bitcoin (BTC) returned above $43,000 on Dec. 19 amid fresh news over the United States’ would-be first spot BTC exchange-traded fund (ETF). BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF excitement still simmering Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery, taking the market to local highs of $43,456 after the…
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Bitcoin fees hit 20-month high as miner revenues match $69K BTC price

[ad_1] Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets. Data from statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17. Commentators: High Bitcoin fees are inevitable The latest wave of Bitcoin ordinal inscriptions have resulted in a fresh wave of elevated transaction…
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Bitcoin whales aim to reclaim $42K after BTC price dives over 3%

[ad_1] Bitcoin (BTC) tapped lows beneath $41,700 after the Dec. 15 Wall Street open as BTC price action fielded fresh sell-side pressure. BTC/USD 1-hour chart. Source: TradingView Bitcoin balks at SEC Coinbase rejection Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving over $1,300 or 3.2% on the day. The largest cryptocurrency, fresh from…
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US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come

[ad_1] Bitcoin (BTC) may enjoy a familiar tailwind in the coming weeks and even beyond if new macro forces continue to play out. In a post on X (formerly Twitter) on Dec. 14, popular trader Crypto Ed, founder of trading group CryptoTA, eyed multimonth lows in United States dollar strength. Bitcoin trader targets sub-100 DXY…
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Arthur Hayes repeats $1M BTC price bet

[ad_1] Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says. In a post on X (Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto. $1-million Bitcoin still in play in 2024 “great pivot” Going long crypto is the…
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Bitcoin bulls eye BTC price comeback as cash inflows echo late 2020

[ad_1] Bitcoin (BTC) is displaying fresh bull run signals as BTC price strength produces 7% daily gains. BTC/USD 1-hour chart. Source: TradingView BTC price bounces after snap sell-off Data from Cointelegraph Markets Pro and TradingView hints that upside momentum may continue as on-chain metrics reset. Bitcoin “needed to cool off” after hitting $44,000 this month,…
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Markets rethink Fed rate cuts as Bitcoin circles $44K on US jobs data

[ad_1] Bitcoin (BTC) tapped $40,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts. BTC/USD 1-hour chart. Source: TradingView Bitcoin holds firm as jobs data unsettles U.S. dollar Data from Cointelegraph Markets Pro and TradingView covered the latest BTC price action as risk assets reacted…
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Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains

[ad_1] Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes liquidity Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added up to 7.6% in around 24…
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‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross

[ad_1] Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history. In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly “golden cross.” Bitcoin goes from death cross to golden cross in 10…
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2020 bull market buyers now control 16% of supply

[ad_1] Bitcoin (BTC) has gained a new generation of hodlers in the past three years as stubborn investors refuse to sell. Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins. BTC price should go “way higher” for hodlers to sell Bitcoin’s longer-term…
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