Crypto Currency

Bitcoin Bear Market Could Be Shrinking, But Are We Watching History Repeating Itself?

Bitcoin has fallen back below $70,000 as selling pressure continues to dominate among crypto traders. Notably, there is currently little sign of strong buying demand that could stop further downside and the current structure still leaves room for a Bitcoin price drop below $60,000. Interestingly, technical analysis shows that the Bitcoin price action is beginning

Published 1 hour ago in

Bitcoin has fallen back below $70,000 as selling pressure continues to dominate among crypto traders. Notably, there is currently little sign of strong buying demand that could stop further downside and the current structure still leaves room for a Bitcoin price drop below $60,000. Interestingly, technical analysis shows that the Bitcoin price action is beginning to resemble the pattern it created during the 2022 bear market…
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

161,000 US jobs just disappeared after a revision as Bitcoin navigates increasingly messy macro data

US markets move in seconds when the jobs report hits. February payrolls fell by 92,000 jobs, the unemployment rate rose to 4.4%, and prior months were revised down by 69,000. Together, that’s 161,000 fewer jobs than the numbers showed at the start of the year. But the number traders react to first often isn’t the

Published 1 hour ago in
161,000 US jobs just disappeared after a revision as Bitcoin navigates increasingly messy macro data

US markets move in seconds when the jobs report hits. February payrolls fell by 92,000 jobs, the unemployment rate rose to 4.4%, and prior months were revised down by 69,000. Together, that’s 161,000 fewer jobs than the numbers showed at the start of the year. But the number traders react to first often isn’t the […]
The post 161,000 US jobs just disappeared after a revision as Bitcoin navigates increasingly messy macro data appeared first on CryptoSlate…
Read More

Continue Reading
Crypto Currency

Bitcoin funding rates just flashed one of the bleakest signals in months before one macro number changed everything

Bitcoin’s derivatives market gave us the best explanation of this week’s macro stress. Funding rates turned sharply negative, open interest stayed elevated, and then the US jobs report landed. Put together, that showed a market leaning hard into downside hedges just as a real macro catalyst arrived…

Published 1 hour ago in
Bitcoin funding rates just flashed one of the bleakest signals in months before one macro number changed everything

Bitcoin’s derivatives market gave us the best explanation of this week’s macro stress. Funding rates turned sharply negative, open interest stayed elevated, and then the US jobs report landed. Put together, that showed a market leaning hard into downside hedges just as a real macro catalyst arrived…
Read More

Continue Reading
Crypto Currency

Bitcoin Price Prediction: One Level Stands Between Bulls and a $10,000 Drop

The post Bitcoin Price Prediction: One Level Stands Between Bulls and a $10,000 Drop appeared first on Coinpedia Fintech News Bitcoin remains trapped in a weeks-long sideways grind, with no clean break above a key resistance level that has capped rallies since April of last year…

Published 1 hour ago in
Bitcoin Price Prediction: One Level Stands Between Bulls and a $10,000 Drop

The post Bitcoin Price Prediction: One Level Stands Between Bulls and a $10,000 Drop appeared first on Coinpedia Fintech News
Bitcoin remains trapped in a weeks-long sideways grind, with no clean break above a key resistance level that has capped rallies since April of last year…
Read More

Continue Reading
Crypto Currency

Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

Bitcoin is showing signs of weakening momentum as it struggles to regain higher ground, placing the market at a critical turning point. The $66,000 level has now emerged as a key support zone that could determine the next major move. Holding above it may give bulls a chance to spark a recovery…

Published 1 hour ago in
Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

Bitcoin is showing signs of weakening momentum as it struggles to regain higher ground, placing the market at a critical turning point. The $66,000 level has now emerged as a key support zone that could determine the next major move. Holding above it may give bulls a chance to spark a recovery…
Read More

Continue Reading