Cointelegraph By William Suberg
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Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
Cointelegraph By William Suberg - 0
Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you...
$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis
Cointelegraph By William Suberg - 0
Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability.The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment.Miner production cost faces off with BTC priceWhile Bitcoin miners have largely held off on major distribution as...
Bitcoin will finish 2022 ‘flat, possibly up’ says analyst as Saylor bets on $1M BTC
Cointelegraph By William Suberg - 0
Bitcoin (BTC) retains two of its best-known proponents but one has cooled his BTC price forecasts considerably.In an interview with CNBC on June 9, Tom Lee, co-founder of independent research firm Fundstrat, revealed he was unsure if BTC/USD would end the year above its starting price.Lee suggests market...
Wall Street sends BTC price to $30.8K as latest US dollar uptick fails
Cointelegraph By William Suberg - 0
Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge.Bitcoin still in “no trade zone” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping to near $30,850 after the opening bell, helping claw back some of the ground lost...
‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC
Cointelegraph By William Suberg - 0
Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine.According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks.Whales help pin Bitcoin at $30,000In fresh analysis published...
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Cointelegraph By William Suberg - 0
Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily.Bitcoin dominance hits 8-month highsAmid a relative lack of volatility, attention focused on Bitcoin dominance over struggling altcoins.Related: Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?#BTC...
Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off.In addition to the CME futures gap providing a potential target at levels seen before the gains, on-chain analytics resource Material Indicators noted significant buyinterest already lined...
BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin
Cointelegraph By William Suberg - 0
Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak.Stocks could take BTC as high as $37,000Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it circled $31,500 on the back of 6% daily gains.The start...
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
Cointelegraph By William Suberg - 0
Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history.After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday.The...
Bitcoin price needs to close above $29,450 for its first green weekly candle since March
Cointelegraph By William Suberg - 0
Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend.BTC price traders $300 in the greeData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just $300 higher than seven...