Key points: Bitcoin begins to find a local floor, with analysis highlighting several key lines in the sand. RSI signals demand upside continuation as longer timeframes remain in doubt. The Fed rate-cut decision begins to show in cooling US stocks’ performance. Bitcoin (BTC) tested key resistance on Tuesday, with traders bullish on BTC price upside.…
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Bitcoin (BTC) started the last week of October with a welcome rebound; can BTC price action cancel its dip from all-time highs? Bitcoin reached $114,500 for the weekly close as bulls staged a much-needed comeback, but many traders remained unconvinced. FOMC week began with stocks breathing a sigh of relief on reduced US-China tariff odds. Ongoing…
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Key points: Bitcoin brings upside volatility into the weekly close with a charge through $112,000 resistance. Traders hope for new local highs next as the BTC price recovery continues. The US Federal Reserve is tipped to cut interest rates again next week. Bitcoin (BTC) challenged $112,000 into Sunday’s weekly close as traders hoped for new…
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Key points: Bitcoin price action whipsaws around a cooler-than-expected CPI print. Optimism on risk assets increases, with the Federal Reserve seen continuing interest-rate cuts through 2026. BTC finds resistance at $112,000, as key support reclaim levels emerge. Bitcoin (BTC) saw fresh volatility Friday as US inflation data sent stocks to new all-time highs. BTC/USD one-hour…
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Key points: Bitcoin is on track for one of its worst October performances since 2013. Previous bull market years offered a minimum of 40% gains. The Federal Reserve may offer a last-minute reprieve at next week’s meeting. Bitcoin (BTC) “Uptober” hangs in the balance as price threatens to print the first “red” October since 2018.…
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Key points: Bitcoin whales flip bearish on BTC price action hours before Trump makes another White House announcement. “Insider” market bets have featured prominently since Oct. 10, when Bitcoin hit $102,000 on Binance. Traders say that $107,000 is now the next line in the sand. Bitcoin (BTC) risked fresh losses into Thursday’s Wall Street open…
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Key points: Bitcoin retreats to near $106,000 as gold struggles to find support after major daily losses. BTC price action continues low-time frame liquidity games after failing to hold support higher. CPI week begins to take its toll on crypto and risk assets. Bitcoin (BTC) stuck to $108,000 after Wednesday’s Wall Street open as gold…
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Key points: Global M2 money supply could send Bitcoin to $500,000 if it repeats its 2020 expansion. The price increased six times after the worldwide COVID-19 money printing spree. The latest M2 jump comes as central banks cut interest rates while inflation lingers. Bitcoin (BTC) may reach $500,000 if it repeats its reaction to booming…
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Key points: Bitcoin stays volatile into the Wall Street open with $110,000 making a reappearance. Liquidity conditions thicken around price as the 21-week moving average now important to reclaim. Gold price tumbles from a rematch with all-time highs. Bitcoin (BTC) buyers and sellers fought for control at Tuesday’s Wall Street open as gold fell hard.…
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Key points: Bitcoin attempts to fill the latest weekend Bitcoin futures gap after giving up its rebound. Overall BTC price weakness comes amid low volume, traders warn. Price forecasts increasingly see a return to test $100,000 next. Bitcoin (BTC) fell back to weekly lows on Tuesday with all eyes on an open “gap” in Bitcoin…
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