Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room. Bitcoin (BTC) stayed lower into the weekend as ongoing problems at Silvergate bank pressured markets. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bad news holds Bitcoin back Data from Cointelegraph Markets Pro…
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Bitcoin’s RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight. Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts remained divided over the odds of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for an inverse “Bart Simpson”…
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From whale “manipulation” to a lack of mainstream interest, Bitcoin is facing serious challenges after its 40% price rebound. Bitcoin (BTC) is up 42% since the start of 2023, but short term, the outlook may now favor the bears. The latest data paints a problematic picture for BTC price action — investors are greedy, but…
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Bitcoin fails to catch a break after “hot” PCE numbers punish U.S. stocks and bring DXY back from the brink of breakdown. Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation biting back. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE sparks fresh doubts on inflation…
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Bitcoin silver linings are few and far between on short timeframes as BTC price bid liquidity dries up above $23,000. Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Waiting for a bit lower” Data from Cointelegraph…
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BTC price action heads lower on the day, but strength is still there beyond the short term, says Michaël van de Poppe. Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States’ stock markets opened down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price skids lower with US stocks…
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Bitcoin whales are guiding BTC price around $25,000 and caution is needed, analysis warns. Bitcoin (BTC) spent another day tackling $25,000 on Feb. 20 as analysts continued to warn over market manipulation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin buoyed by “Notorious B.I.D.” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making up…
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Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally. Bitcoin (BTC) starts the last week of February in a volatile mood as a crucial area of resistance fails to break. After a classic “fakeout” during low-volume weekend trading, BTC/USD is back below…
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It’s all about a sea of Bitcoin resistance around $25,000 as the week draws to a close, but some favor the good times continuing. Bitcoin (BTC) climbed back above $24,000 at the Feb. 17 Wall Street open as analysis favored “consolidation and continuation” higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin faces key level…
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Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines in February. Bitcoin (BTC) is leaving traders guessing as the bull market’s future depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on…
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