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 dive…
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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 key…
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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, analysis…
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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 to…
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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 hours.…
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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 months…
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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 investor…
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Bitcoin (BTC) has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action has done the complete opposite of economists’ predictions. ECB Bitcoin myopia: “What else are they wrong about?” Bitcoin traded at just $16,400 when…
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Bitcoin (BTC) clipped $44,000 later on Dec. 5 as the Wall Street trading session delivered more snap BTC price gains. BTC/USD 1-hour chart. Source: TradingView Bitcoin applies more pressure to bears Data from Cointelegraph Markets Pro and TradingView followed a fresh round of upside for Bitcoin as it outpaced altcoins to reach $44,011 on Bitstamp.…
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Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation. BTC/USD 1-hour chart. Source: TradingView Analysis: New Bitcoin bids not “organic” Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound taking BTC/USD to highs of $42,498 on Bitstamp. These beat the 19-month peak set the day prior,…
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