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Bitcoin bulls start Memorial Day blitz on $110K — Will spot follow when US markets open?
Key takeaways: Bitcoin price is capped at the $110,000 level due to sellers and a decrease in spot volumes. Leverage use is driving current...
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near...
Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print
Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure...
Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data...
Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms
Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were...
Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week
Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot buy...