Category Archive For "Markets"
Many altcoins are showing significant strength as they approach their 200-day moving averages, this suggests that the sentiment in the sector remains bullish.
Bitcoin’s strong rally to $9,600 increases the chance of BTC reclaiming $10K but tomorrow’s CME BTC contracts expiry is an event to monitor.
$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels.
Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue.
Bitcoin price closed the CME gap and made a decisive move above the $9K and $9.2K resistance as traders attempt to carve a new path to $10K.
Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum.
A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week.
As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019.
A sideways week for Bitcoin will not come as a surprise but BTC is still poised for a big move soon as it hobbles inside a tightening range.