First Mover Americas: Bitcoin Shaky as Traders Bank Profits
The latest price moves in crypto markets in context for Nov. 15, 2024. Bitcoin pared some of Thursday’s losses during the European morning to trade above…
Category: Charts
Trump Wins, Bitcoin Unlikely to See Big ‘Sell-The-Fact’ Price Drop: Omkar Godbole
While sell-the-fact price slide looks unlikely, traders still need to watch out for the other side of the Trump trade – hardening bond yields and…
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls. Since the U.S. Federal Reserve (Fed) cut rates by 50 basis…
Bitcoin Could Surge Thanks to Looser Financial Conditions
A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021 The Chicago Fed’s National Financial Conditions Index (NFCI) offers a weekly update…
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market. Bitcoin (BTC) reversed losses in…
Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community…
Bitcoin Retakes $62K as ‘Trump Trades’ Back In Vogue After Weekend Attack
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said. Assets linked to U.S. Republican candidate Donald Trump’s probability…
Bullish Bitcoin Drivers Remain in Play Despite Germany’s Sales, Mt. Gox Reimbursements
Macro factors and persistent “risk-on” in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry. It may seem like turbulent times in…
Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst
The bearish pattern hints at a further correction. Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data…