It’s all about a golden cross, a death cross and the Federal Reserve when it comes to Bitcoin price action in the first half of the week. Bitcoin (BTC) stayed…
Continue ReadingBitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1. Bitcoin…
Continue ReadingThe Bitcoin price rally has stalled for five days now. After BTC experienced a furious surge from $21,000 to $23,000 last Friday, the price is now in a consolidation phase.…
Continue ReadingData shows Bitcoin has been more stable than gold, DXY, Nasdaq, and S&P 500 recently, here’s what history says could follow next. Bitcoin 5-Day Volatility Has Fallen Below That Of…
Continue ReadingToday, the Dollar Currency Index saw a death cross on the daily timeframe. Bitcoin, as an asset trading against USD, is especially susceptible to strength or weakness in the greenback. …
Continue ReadingA report suggests that Bitcoin’s correlation with other risk assets could be relevant going forward into the next year. Bitcoin Moved Tightly With US Stock Market During Last Week’s Volatility…
Continue ReadingLeveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later. Bitcoin (BTC) price had a mixed reaction…
Continue ReadingBitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support. Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic…
Continue ReadingBTC price strength allows cautious Bitcoin traders outline targets above $17,500. Bitcoin (BTC) cooled volatility above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets. BTC/USD…
Continue ReadingBTC price action stays cool over the weekend as Bitcoin bulls attempt to flip $17,000 to support. Bitcoin (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close…
Continue ReadingThe dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support. On Dec. 2, the United States dollar…
Continue ReadingWeekend losses solidify as macro volatility to come meets internal turmoil over FTX. Bitcoin (BTC) stayed lower at the Nov. 7 Wall Street open as the day before the United States…
Continue ReadingBitcoin broke out of a range to reach almost $21,000. What’s happening with currencies around the world that may be influencing this price action? “Fed Watch” is a macro podcast,…
Continue ReadingBulls have a lot of work left to do, say Bitcoin analysts as consolidation enters for BTC price. Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in…
Continue ReadingDollar weakness shows instant results for BTC price strength, with local highs coming back in for a test. Bitcoin (BTC) returned to local highs at the Oct. 25 Wall Street…
Continue ReadingWhile the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually…
Continue ReadingUp or down, it is high time that Bitcoin made a significant move, market participants agree. Bitcoin (BTC) starts a new week keeping everyone guessing as a tiny trading range…
Continue ReadingWhile the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around…
Continue ReadingBitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat. Bitcoin (BTC) saw flash volatility into the Oct. 12 Wall Street open as United States economic data began…
Continue ReadingIn 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a…
Continue ReadingBitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away. Bitcoin (BTC) starts a new week in a precarious place…
Continue ReadingToday’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse,…
Continue ReadingFollowing the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week,…
Continue ReadingBitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain. Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United…
Continue ReadingIn this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare…
Continue ReadingThe U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British pound’s weakness be a positive for Bitcoin. On Sept.…
Continue ReadingIt’s still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin. Bitcoin (BTC) volatility edged higher during Sept. 26 as the Wall…
Continue ReadingThe world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time,…
Continue ReadingPrecious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver…
Continue ReadingA time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike. Bitcoin (BTC) starts a new week staring down…
Continue ReadingWhile the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September,…
Continue ReadingWith the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum…
Continue ReadingOn Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S.…
Continue ReadingTwo days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to…
Continue ReadingAnalysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise. Presently,…
Continue ReadingBitcoin bulls are now attacking the “final” major resistance cluster below $25,000, on-chain data shows. Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United…
Continue ReadingLittle faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average. Bitcoin (BTC) kept grinding higher at the Sept.…
Continue ReadingA bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days. Bitcoin (BTC) starts a pivotal week on a firm footing as…
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