Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation…
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Key points: The Crypto Fear & Greed Index is back at levels not seen since Bitcoin traded at $83,000. Analysis wonders whether the BTC price “turning point” is already here. Social media user behavior already suggests that a price rebound should take place next. Bitcoin (BTC) sentiment collapsed overnight Thursday as the latest BTC price…
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Key points: Bitcoin falls with stocks and gold on stronger-than-expected US jobs data. The US dollar index reaches its highest levels in three weeks as jobless claims come in below expectations. $110,000 is an increasingly “likely” BTC price target next. Bitcoin (BTC) looked “likely” to revisit $110,000 on Thursday as macro and geopolitical factors fueled…
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Key points: Bitcoin and altcoins are lagging gold and stocks when it comes to new all-time highs. Research suggests that liquidity patterns are partly to blame as traders withdraw stablecoins. History shows that traditional risk assets need to “cool” before crypto surges. Bitcoin (BTC) is dropping as crypto markets fail to copy gold and stocks…
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Key points: Bitcoin price wars between bulls and bears continue as traders line up end-of-month BTC price targets. These include a return to $107,000 or lower before a rebound. Volatility is expected as Bollinger Band readings reach historically “tight” levels. Bitcoin (BTC) stayed rangebound at Wednesday’s Wall Street open as traders eyed a giant $17.5…
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Key points: Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip. Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. A senior Federal Reserve official puts faster interest-rate cuts on the table. Bitcoin (BTC) attempted to flip…
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Key points: Bitcoin will be “markedly higher” by 2028, Arthur Hayes said, but $3.4 million per coin is too bullish. BTC price increases from credit growth may not match past performance. US money printing is back with the Trump administration, opening the path to BTC price expansion. Bitcoin (BTC) will trade “markedly higher” than its…
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Bitcoin (BTC) spooked the market into the final week of September with a return to $112,000. Bitcoin price action left much to be desired as traders forecast a retest of support closer to $100,000 next. The dip liquidated over $1 billion of crypto longs in the largest single liquidation event of the year. The Federal…
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Key points: Key Bitcoin price levels above and below spot price are here as BTC is about to start a new week. A quiet weekend is slated to give way to volatility as fresh macro catalysts appear. A “busy week” will see the release of the Federal Reserve’s favorite US inflation gauge. Bitcoin (BTC) kept…
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Key points: Bitcoin fails to close above $117,200, opening the door to support retests. A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday. Order-book liquidity shows bids massing at $110,000 and above, creating a “magnet” for price. Bitcoin (BTC) missed a key daily close into Friday as traders expected…
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