by william suberg | Feb 2, 2023 | Uncategorized
BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts. Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its “macro breakout,” new analysis says.In a tweet on Feb. 2, on-chain...
by william suberg | Feb 1, 2023 | Uncategorized
Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell. Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data.BTC/USD 1-hour candle chart...
by william suberg | Feb 1, 2023 | Uncategorized
The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy. Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in ten years.BTC/USD 1-hour candle chart (Bitstamp)....
by william suberg | Jan 31, 2023 | Uncategorized
Bitcoin’s best case scenario is $25,000 before a correction, one trader believes, as BTC price upside cools. Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning.BTC/USD 1-hour candle chart...
by william suberg | Jan 31, 2023 | Uncategorized
BTC price downside volatility sees $46 million of long Bitcoin positions evaporate in a single day prior to the monthly close. Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action.BTC/USD 1-hour candle chart...