DXY and BTCUSD moved in opposite directions in 2022, but Bitcoin lags
[ad_1] DXY peaked at +20% in early October 2022 BTC/USD bottomed at -75% in late 2023 Lead-lag evaluation suggests BTC/USD would possibly see one other +4% to shut the hole…
BTCUSD has a lot of room to catch up with the DXY
[ad_1] Bitcoin traded above $68k in November 2021 in what appeared to be a large squeeze increased. But the enthusiasm shortly light. In a little multiple 12 months, hodlers noticed…
Bitcoin price (BTC/USD) could tank further, but you might be excited by this Bloomberg prediction
[ad_1] 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…
Bitcoin (BTC/USD) is still on a limited upside
[ad_1] Bitcoin misplaced 1% on Monday forward of the US inflation information. A crypto analyst expects the inflation information and Fed’s assembly to have an effect on Bitcoin. Bitcoin lacks…
This analyst relies on on-chain metrics to support a Bitcoin price (BTC/USD) rally
[ad_1] Bitcoin rose to $17,000 on Monday. InvestAnswers thinks BTC is about to turn into bullish based mostly on realised worth. The token faces resistance at $19,000 and 50-day MA.…
Why Bitcoin (BTC/USD) rose to $17K. Here is the potential price action next
[ad_1] Bitcoin rose on Thursday after Powell’s assertion indicated slower price hikes. BTC price has recovered above the 20-day MA. The long-term momentum is bearish for BTC except bulls win…
What crypto analyst Benjamin Cowen thinks of Bitcoin (BTC/USD) before a reversal occurs
[ad_1] 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…
Bitcoin (BTC/USD) rebounds slightly after the FOMC but is the cryptocurrency bullish?
[ad_1] Bitcoin has been regular after FOMC assertion The cryptocurrency stays tied to wider crypto issues BTC wants to beat $16,500 to turn into bullish Bitcoin (BTC/USD) rose slightly on…
Bitcoin (BTC/USD) choppy pattern continues. Here is why the next breakout could be catastrophic
[ad_1] Since breaking under $19,000, Bitcoin (BTC/USD) has been unable to get better to the essential psychological degree. As of press time, the cryptocurrency trades barely above $16,000, the degree…
Bitcoin (BTC/USD) new lower price target set by analysts
[ad_1] What subsequent after Bitcoin (BTC/USD) broke beneath its long-term psychological stage at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous…