by marcel pechman | Feb 2, 2023 | Uncategorized
The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution. On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after...
by marcel pechman | Feb 2, 2023 | Uncategorized
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February. Ether (ETH) has been struggling with the $1,680 resistance since Jan. 20. Still, the ascending triangle pattern and...
by marcel pechman | Feb 1, 2023 | Uncategorized
BTC bulls are positioned to win this week’s $1 billion options expiry, but the market’s post-FOMC reaction could alter their plans. Bitcoin’s (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal...
by marcel pechman | Jan 30, 2023 | Uncategorized
Strong corporate earnings and investors’ anticipation of a Federal Reserve pivot are helping to cement the case for risk assets like Bitcoin. Bitcoin (BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level — accumulating 40.5% gains in...
by marcel pechman | Jan 27, 2023 | Uncategorized
Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging...