Market Analysis

Bitcoin (BTC) may have rallied to $44,000 on the back of United States inflation data, but according to traders, there is little hope of a sustained comeback. In a Twitter discussion on Jan. 12, data analyst Material Scientist warned that significant downside may still return to Bitcoin price action. “Now we wait” Despite showing stength
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Bitcoin (BTC) consolidated above $42,000 prior to Wall Street’s opening bell on Jan. 7 as more similarities to last year’s lows emerged. BTC “very closely” mimicking May behavior Data from Cointelegraph Markets Pro and TradingView tracked a nervous Bitcoin market as BTC/USD avoided another retest of $40,000 support. Earlier, after briefly falling below $41,000, analysts had
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Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. Open interest remains high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December. Although not the upside breakout that many had wanted, the move was nonetheless predicted, Bitcoin
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