BTC starts 2022 all over again — 5 things to know in Bitcoin this week
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week. Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000.In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on Jan. 1, 2022.Price action has been quiet — too quiet, perhaps — in recent days, but behind the declining volatility, there are signs that the market is busy deciding future direction.From macro to on-chain, there are in fact plenty of cues to keep an eye on in April, amid a....
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A grim cocktail of macro triggers converges on Bitcoin, with risk assets looking at a “rough” few days coming up, analysts warn. Bitcoin (BTC) starts a new week in the shadow of a deepening geopolitical nightmare unfolding in Ukraine.As retaliation for the Ukraine invasion and the macroeconomic consequences grow, crypto by and large is struggling to keep up.A curious paradox has presented itself this month. Despite investors and those directly impacted by the war assumedly looking for a safe haven, that has broadly not been Bitcoin or even stablecoins.Instead, stocks, which have taken a....
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week. Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers?After falling to nearly $33,000, the largest cryptocurrency is giving market participants, new and old, a run for their money, and the fear is palpable.A brutal combination of macro cues, which are set to continue this week and beyond, forms the backdrop for some historical chart retests that no one wanted to see again.As calls for capitulation continue, there....
This coming weekend and the following week will be an interesting time for Bitcoin users, fans and businesspeople to visit London. In addition to the Inside Bitcoins conference (disclosure: CoinTelegraph is a media partner for that event), there will also be an ongoing series of events around Shoreditch to bring Bitcoin use — and general awareness of the currency — to the average consumer. The latter festival, BlockStock (think “blockchain” + “Woodstock”), starts Friday evening and continues for 10 days in and around London’s Tech City. “When you go to all these Bitcoin meetups, it’s all....
Bitcoin price action has yet to impress in 2022, but bets are stacking up that things will soon get interesting again. Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall?A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are saying.With inflation running hot and United States lawmakers set to make the Bitcoin mining debate public this week, there are plenty of potential....
Here's a look at what we are focusing on in the bitcoin price this morning. Well we’ve made it to the end of the week, and things have gone so so in our bitcoin price trading. We are pretty much net flat on the market after last night’s session, and go into today’s European session with plenty to go at. Volatility overnight got us in to the markets on a short position, and then a little earlier this morning we managed to get in for an opposite trade, one to the upside on a breakout. Both took profit, so we managed to make back the losses accrued during the Wednesday evening and Thursday....