Category

Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000

Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%

Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar

Bitcoin and Ethereum Futures Prices Fall On Monday, April 1, 2023, at the New York close, the CME Bitcoin futures traded at $70,340.00, down 1

Market trends do not emerge out of thin air. Every unilateral surge has its precursors, which, although sometimes subtle, can be identified with attentive observation and analysis

Bitcoin concept stocks have plunged today after a sudden crash in the cryptocurrency market and concerns over the upcoming Bitcoin halving event. At the time of writing, HiSun Technology (01647) has plummeted 8

Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U

Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000

After analyzing FIL's short-term market trend last night, I concluded that it was bullish, which was confirmed by subsequent price action. However, after waking up, I observed signs of stagnation and immediately exited my position, along with my previous ETH position

At the close of trading on Monday (April 1) in New York, the CME Bitcoin futures traded at $70,340.00, down 1

On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline

As we enter a new month, it's time to review the short-term trading performance for Bitcoin and other cryptocurrencies during March 2023. This analysis aims to provide insights into the market trends, trading strategies, and overall outcomes for the past month