Tags : Signals

Bitcoin

Technical Signals Save Bitcoin From a Brutal Dip; What’s Ahead?

Bitcoin bulls were in for a shock this Thursday as the flagship cryptocurrency “crashed” from $57,209 to as low as $50,305. Many catalysts worked behind the scenes as BTC/USD plunged to its multi-week low. Signs of a recovering job sector, rising interest rates, and nascent inflation spurred rotation from highly-valued pandemic winners — including tech […]Read More

Bitcoin

Bitcoin Jumps as Fed Signals Greenlight, Funding Rates Cool Off

After an early-morning slump as the crypto market waited in anticipation for the Fed meeting, Bitcoin (BTC) prices bounced more than 7% to $58,000 from an intraday low of $54,000. The broader crypto market welcomed Fed Chair Jerome Powell’s words as he reinstated that interest rates would remain at current levels until 2023. Alongside BTC, […]Read More

Bitcoin

Bitcoin (BTC/USD) Signals Falling Wedge Breakout to Retest $58,000

Bitcoin opened this week in positive territories, looking to recapture its record high levels after crashing to its three-week lows in the previous session. The benchmark cryptocurrency was up 4.70 percent ahead of the London morning bell, hitting an intraday high shy of $47,500 after bouncing off its 200-4H simple moving average wave. Its sharp […]Read More

Altcoin

Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent

Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0.5% gain. […]Read More