Cointelegraph By William Suberg
Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes.
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Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
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Bitcoin (BTC) tapped $44,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts.Bitcoin holds firm as jobs data unsettles U.S. dollarData from Cointelegraph Markets Pro and TradingView covered the latest BTC price action as risk assets reacted to the...
Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history.In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly golden cross.Bitcoin goes from death cross to golden...
Bitcoin (BTC) has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.”As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action has done the complete opposite of economists’ predictions.ECB Bitcoin myopia: "What else are they wrong about?"Bitcoin traded at...
Bitcoin (BTC) clipped $44,000 later on Dec. 5 as the Wall Street trading session delivered more snap BTC price gains.Fellow commentator Matthew Hyland turned to relative strength index (RSI) data to predict that yet more upside continuation was still in play.Pretty much the final boss for #BTC in this...
Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation.$48,000 forms next optimistic BTC price targetOther market commentators eyed similarly bullish short-term BTC price signals.Related: Bitcoin short-term holder sales near $5B as profit-taking mimics 2021Popular trader Daan Crypto Trades noted declining open interest during the...
Bitcoin (BTC) has seen a mass profit-taking event which rivals its $69,000 all-time highs, new analysis reveals.In a post on Dec. 5, James Van Straten, research and data analyst at crypto insights firm CryptoSlate, flagged billions of dollars heading to exchanges.Bitcoin speculators sell as if all-time highs are backBTC...
Bitcoin (BTC) starts the first week of December looking better than it has since early 2022 — at over $40,000.BTC price action is delighting bulls already as the month begins, with the weekly close providing the first trip above the $40,000 mark since April last year.Shorts are getting wiped...
Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend.Fellow commentator BitQuant, known for his bullish takes on Bitcoin in the current environment, eyed a return to the highs before “some correction” could take hold.Both perspectives channeled behavior from previous Bitcoin...