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Bitcoin price ended its four-month positive return streak as May noted a negative return of 6.92%.
Historical monthly return suggests that BTC is likely to remain in the red for the next quarter as well.
Based on this data, investors can expect the bull run to restart in October 2023.
With worsening macroeconomic c...
After charting a three-week high recently, BTC stalled at around $28,000 but dumped hard in the past several hours.
The altcoins have also turned red, with ETH dropping under $1,900. The total market cap is down by over $20 billion in a day.
BTC Rejected at $28K
Bitcoin fell hard on Thursday to a two-week low below $26,000 but reacted well and recovered almost all losses by the weekend. Sunday saw another minor leg-up that ...
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Coinbase CEO Brian Armstrong said China will benefit from the enforcement of restrictive US crypto policies.
The China coin narrative gains traction as Armstrong highlights Hong Kong emergence as a global crypto hub.
Conflux, NEO, TRON, Alchemy Pay and Sandbox are likely to benefit from China inflows.
Brian Armstro...
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Bitcoin price continues to delay its bearish descent as BTC hovers around $27,963.
Ethereum price consolidates around $1,892 with no directional bias in sight.
Ripple price hits its inverse head-and-shoulder target at $0.515 after a 13% upswing in the last three days.
Bitcoin (BTC) price action slows down, allowing ...
After charting a three-week high at almost $28,500 yesterday, bitcoin started losing value rapidly and currently stands below $28,000.
Most altcoins are also calmer today following yesterday’s gains, aside from Ripple and Lido DAO.
BTC Slips Back Below $28K
The primary cryptocurrency had a relatively quiet week as its 7-day price range went into its lowest position in months. The most significant price drop came on Thursday...
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Bitcoin network’s large wallet investors accumulated BTC throughout May.
BTC supply on exchanges nosedived from 1.33 million to 1.29 million since the beginning of May.
While BTC is headed towards its first monthly loss of 2023, whales could fuel a recovery in the asset.
Bitcoin price is inching towards the first ...
Polygon (MATIC) price has risen above the 21-day line SMA but is currently below the 50-day line SMA, indicating a bearish correction.
Polygon price long-term forecast: bearish
If buyers manage to keep the price above the moving average li...
Shortly after the US government said it reached some sort of a deal regarding the debt ceiling, BTC jumped by over a grand to register a three-week high.
The altcoins are also in the green today, with ETH tapping $1,900 for the first time since early May.
BTC Shot Up to Local Peaks
Bitcoin was trading sideways for most of last week, as it was stopped at $27,500 on a few occasions. The last one drove the asset south hard as ...
Ethereum price (ETH) is rising as it crosses the moving average lines. The rally was short-lived as the price was stopped at the $1,920 barrier. At the resistance level, the market was overbought, making further price movement unlikely.
Long-term...
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Bitcoin price shows a classic Power of Three (PO3) setup in play, forecasting a potential decline to $25,296.
Ethereum price could attempt a rally to $2,028 if the bullish outlook persists.
Ripple price has set up an inverse head-and-shoulders setup, forecasting a 10.76% increase to $0.515.
Bitcoin (BTC) price has s...
