Tag: Markets

BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic. Bitcoin price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain. At the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the…

Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance. Bitcoin sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance. BTC price bulls keep faith in $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up…

As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges. The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to achieve is a decentralized, secure interoperable solution. Let’s…

Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February. Bitcoin is leaving traders guessing as the future of the bull market depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles…

This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“ Bitcoin  is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes. In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO, Dan…

BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to…