DXY and BTCUSD moved in opposite directions in 2022, but Bitcoin lags
DXY peaked at +20% in early October 2022 BTC/USD bottomed at -75% in late 2023 Lead-lag evaluation suggests BTC/USD may see one other +4% to shut the hole For years,….
Tag: BTCUSD
BTCUSD has a lot of room to catch up with the DXY
Bitcoin traded above $68k in November 2021 in what gave the impression to be a large squeeze greater. However the enthusiasm shortly pale. In slightly multiple yr, hodlers noticed their….
Bitcoin price (BTC/USD) could tank further, but you might be excited by this Bloomberg prediction
Bloomberg report tasks bullish Bitcoin in 2023 Analysts financial institution on recession dynamics and central banks’ actions as bull triggers BTC trades on a short-term restoration, with $19,000 in sight….
Bitcoin (BTC/USD) is still on a limited upside
Bitcoin misplaced 1% on Monday forward of the US inflation knowledge. A crypto analyst expects the inflation knowledge and Fed’s assembly to have an effect on Bitcoin. Bitcoin lacks a….
This analyst relies on on-chain metrics to support a Bitcoin price (BTC/USD) rally
Bitcoin rose to $17,000 on Monday. InvestAnswers thinks BTC is about to change into bullish primarily based on realised worth. The token faces resistance at $19,000 and 50-day MA. Bitcoin….
Why Bitcoin (BTC/USD) rose to $17K. Here is the potential price action next
Bitcoin rose on Thursday after Powell’s assertion indicated slower fee hikes. BTC value has recovered above the 20-day MA. The long-term momentum is bearish for BTC except bulls win again….
What crypto analyst Benjamin Cowen thinks of Bitcoin (BTC/USD) before a reversal occurs
Bitcoin may endure one other Capitulation occasion round Christmas – Cowen The cryptocurrency is consolidating however lacks an upside momentum BTC worth may break into upside or draw back When….
Bitcoin (BTC/USD) rebounds slightly after the FOMC but is the cryptocurrency bullish?
Bitcoin has been regular after FOMC assertion The cryptocurrency stays tied to wider crypto issues BTC wants to beat $16,500 to turn out to be bullish Bitcoin (BTC/USD) rose barely….
Bitcoin (BTC/USD) choppy pattern continues. Here is why the next breakout could be catastrophic
Since breaking beneath $19,000, Bitcoin (BTC/USD) has been unable to get well to the essential psychological stage. As of press time, the cryptocurrency trades barely above $16,000, the extent it….
Bitcoin (BTC/USD) new lower price target set by analysts
What subsequent after Bitcoin (BTC/USD) broke beneath its long-term psychological stage at $19,000? In accordance with a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous….