The intricacies of US monetary policy have been placed under the microscope by Jordi Alexander, CIO of Selini Capital, who today offered an incisive analysis of the potential ripple effects these policies may have on the Bitcoin and crypto market. Drawing correlations between traditional financial mechanisms and the nascent digital asset landscape, his commentary elucidates…
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Bitcoin price failed to clear the $28,500 resistance and corrected lower. BTC retested the $27,250 support and is currently attempting a fresh increase. Bitcoin is holding gains and still consolidating above the $27,250 zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming…
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Bitcoin price is eyeing a fresh increase toward the $28,500 resistance. BTC could start a strong increase if it clears the $28,500 resistance zone. Bitcoin is holding gains and showing positive signs above the $27,450 zone. The price is trading above $27,800 and the 100 hourly Simple moving average. There is a short-term declining channel…
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Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now predicting a potential surge that…
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Large-scale transactions of Shiba Inu tokens have once again captured the attention of the cryptocurrency community. In a recent announcement by the crypto tracker Whale Alert, a substantial amount of SHIB was observed being transferred from the Amsterdam-based cryptocurrency exchange Bitvavo to an undisclosed blockchain address. The staggering figure of 4,584,530,677,374 SHIB raises intriguing questions…
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As the global financial landscape witnesses a seismic shift, reminiscent of the 2008 financial crisis and the dot-com bubble burst, alarm bells are ringing in the bond market, alerting the Bitcoin and crypto market as well. Is A Crash Like 2008 Looming? Renowned Chartered Financial Analyst (CFA), Genevieve Roch-Decter, highlighted the striking parallels in a…
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Bitcoin price is struggling to rise above the $27,800 resistance zone. BTC could extend its decline if there is a clear move below the $27,200 support zone. Bitcoin is struggling to start a fresh increase above the $27,800 resistance zone. The price is trading below $27,700 and the 100 hourly Simple moving average. There was…
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In an interview with Tom Bilyeu, Arthur Hayes, co-founder and former CEO of BitMEX, shared an insightful analysis of the future dynamics he believes will shape the Bitcoin price. At the heart of Hayes’ argument is a complex interplay of global financial mechanisms. Bitcoin Price May Reach $750,000 Hayes began by setting the stage for Bitcoin’s…
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Bitcoin price found support near the $27,200 zone. BTC is now rising and might accelerate higher if it clears the $27,850 resistance zone. Bitcoin is attempting a fresh increase from the $27,200 support. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance…
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Many analysts have weighed on the potential trajectory of the flagship cryptocurrency, Bitcoin. This time, Bloomberg analyst Mike McGlone has highlighted the possibility of Bitcoin price declining further and when this could happen. Bitcoin Price Could Decline Further In a tweet on his X (formerly Twitter) platform, McGlone noted that Bitcoin risks declining to $10,000…
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