Wen moon? Probably not soon: Why Bitcoin traders should make friends with the...

Wen moon? Probably not soon: Why Bitcoin traders should make friends with the...

Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action. The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal. Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of this week’s Jackson Hole summit. Over the three-day symposium, the Federal Reserve is expected to clarify its perspective on inflation,....


Related News

Astro Crypto: Bitcoin, The Total Eclipse, And The Super Flower Blood Moon

Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]

Banking on Friendship: P2P Lending Credible Friends Platform Launches

Today sees the launch of peer-to-peer Bitcoin lending platform Credible Friends, designed to spread Bitcoin awareness while enabling friends to borrow virtual currency – on terms decided by them. The platform, which is the brainchild of developers Gavin Knight and Zach Doty, was launched with help of Bitcoin entrepreneur Roger Ver from his St. Kitts home....

Astro Crypto: Bitcoin And The Full Pink Moon In Scorpio

After a short stint below $50,000, Bitcoin price is back on its way higher, already reclaiming as high as $53,000 and then some. Also tonight, there is a rare full “pink” moon in Scorpio – signaling powerful change in process currently and possibly ahead. Whether you believe in the impact of astrology or not, the moon […]

Bitcoin Price Breaking $25k Resistance Will Push These 3 New Cryptos to The Moon

Bitcoin’s breakout – if it can manage to break through the $25,000 resistance – could send several new altcoins to the moon given their low market cap. Let’s examine them in detail to find out their potential. 3 New Cryptos set to go to the Moon 1. Battle Infinity Battle Infinity is a hot new […]

Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon

Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes there is a future for bitcoin, ethereum, and dogecoin. Elon Musk Thinks Bitcoin ‘Will Make It’ Tesla, Spacex, and Twitter chief Elon Musk commented on the future of bitcoin Monday. Responding to a Twitter user asking about where the price of the cryptocurrency will be in another year....