Cointelegraph By William Suberg
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Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger
Cointelegraph By William Suberg - 0
Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.Long-awaited Fed action set to come this weekData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday.The pair had...
Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine
Cointelegraph By William Suberg - 0
Bitcoin (BTC) saw instant volatility on March 11 amid the hope that the Russia–Ukraine conflict could find a diplomatic solution.Hope rises — but so do Bitfinex shortsData from Cointelegraph Markets Pro and TradingView shows BTC/USD briefly surging $1,400 before reversing to consolidate below $40,000 on March 11.Bitcoin, which is...
Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat
Cointelegraph By William Suberg - 0
Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders.Meeting it would require a drop of 50% from current spot price, and 70% from all-time highs — something which BTC/USD has nonetheless achieved in the past.The Covid crash, for instance, saw a 60% dip...
Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions
Cointelegraph By William Suberg - 0
Bitcoin (BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase.As shown by monitoring resources including Whale Alert and CryptoQuant on March 11, an unknown wallet has received almost 30,000 BTC from the U.S. platform.Coinbase Pro $1.15 billion...
Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates
Cointelegraph By William Suberg - 0
Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility.The U.S. Federal Reserve’s decision on raising its base rate was due March 16."Economy needs energy to run. Energy prices are soaring with no relief in sight," Material...
Trader gives $44K BTC price target as Bitcoin shrugs off executive order ‘nothingburger’
Cointelegraph By William Suberg - 0
Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed. Executive order enters with a whimperData from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading Wednesday.The pair had shrugged off the latest round...
Bitcoin stems losses after US bans Russian oil, gold heads to record highs
Cointelegraph By William Suberg - 0
Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports.BTC comes full circle, while gold steals the showData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it targeted $38,000 an hour after...
Bitcoin stuck under $40K, but BTC price hits another all-time high vs. Russian ruble
Cointelegraph By William Suberg - 0
Bitcoin (BTC) recovered from one-week lows on March 8 after a lack of progress in Russia-Ukraine talks that sent markets tumbling.Commodities “trading like meme stocks”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at $37,170 on Bitstamp after Monday‘s Wall Street open.Overnight progress maintained support with the...
Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020
Cointelegraph By William Suberg - 0
Bitcoin (BTC) stayed near one-week lows on March 7 as a flight to safety among investors did crypto markets no favors."If Bitcoin was uncorrelated from the Stock Market it would be performing the way Gold has performed since December," analyst Matthew Hyland argued in a synopsis Sunday. "Bitcoin...
Rate hikes, CPI and war in Europe — 5 things to watch in Bitcoin this week
Cointelegraph By William Suberg - 0
Bitcoin (BTC) starts a new week in the shadow of a deepening geopolitical nightmare unfolding in Ukraine.As retaliation for the Ukraine invasion and the macroeconomic consequences grow, crypto by and large is struggling to keep up.A curious paradox has presented itself this month. Despite investors and those directly...