Tag: Rally

Why You Should Be Wary Of The Bitcoin Rally With BTC At $22,000

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Bitcoin has been slowing down on its bullish momentum after crossing the barrier at $22,000 and $23,000. The cryptocurrency still holds some of its gains from last week but might be poised for a re-test of lower levels. At the time of writing, BTC’s price trades at $22,900 with a 2% loss in the last 24 hours and an 8% profit over the past week. BTC’s price moving sideways on the 4-hour chart. Source: BTCUSDT Tradingview This Bitcoin Bear Market Might Not Be Like 2020 Crypto market participants seem to…

Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’

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Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average gets big attention Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range. Bitcoin had inspired with its highest weekly close since mid-June the day prior, with its monthly candle also producing the biggest gains since before last year’s $69,000 all-time highs. Among analysts and traders, however, it was the market’s…

Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge

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Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum quarterly futures in backwardation On the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December 2022, have slipped into backwardation, a condition opposite to contango, wherein the futures price becomes lower than the spot price. The spread between Ethereum’s spot and futures price grew to minus $8 on…

*This* is why Crypto is PUMPING!! (August Expectations) Bitcoin News

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Federal Reserve just INCREASED interest rates by 75 basis points. This is what that means & why August might be very GOOD for bitcoin & crypto. 🚀 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:26 – BREAKING: The Federal Reserve just announced a 0.75% interest rate hike. 1:06 – 6 takeaways (for Fed raising interest rates) 3:11 –…

Dogelon Jumps 6.15% Over The Last 24 Hours – Can ELON Rally Further?

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Dogelon Mars (ELON) isn’t just another meme coin. In fact, its crypto team shows off this ERC-20token as a universal currency. The ELON token has been growing aggressively and has seen a phenomenal growth spurt of 6.15% overnight. The ELON meme coin currently trades at $0.0000003618. To date, investors are trying to zero in on the Dogelon Mars (ELON) value at the lower price levels as it forms a symmetrical triangle pattern on the current price charts. As of press time, it looks to form a continuation pattern that could…

Impressive Rally Puts Bitcoin Above $24,000, But Is $28,000 Still Possible?

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Bitcoin has rallied once more above $24,000. This impressive rally follows an intense week where the FOMC’s announcement has basically shown that the United States is now in a recession. Investors had flocked to the bitcoin off the back of the news, causing the digital asset to surge immensely during this time. As the digital asset has beat one important technical level, it remains to see if it can beat another. Accumulation Triggers Rally There are a lot of factors that usually trigger a rally, such as the one that…

GRT, LINK Rally to Multi-Week Highs on Friday – Market Updates Bitcoin News

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The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing. The Graph (GRT) The graph (GRT) was one of the big movers in crypto markets on Friday, as prices of the token surged by over 16%. Following a low of $0.1082 during Thursday’s session, GRT/USD rallied to an intraday high…

Expert Tells Investors To Be Careful In The Cryptocurrency Rally, Why’s That?

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A crypto influencer, Alfonso Peccatiello, expressed his thoughts as regards the recent cryptocurrency rally. He stated that the current crypto rally is not a yardstick for investors to raise their hopes too high. This was revealed following the increase in certain digital currencies such as Bitcoin and Ethereum in the last 24 hours. A recent crypto market watch showed a 24-hour price appreciation of Bitcoin of more than 9%. Currently, BTC trades at a price of over $23,000. Meanwhile, Ethereum, the second largest digital currency, has also experienced a rise…

A short-term BTC rally or trend reversal? Find out now on ‘Market Talks’ with Crypto Jebb

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The latest episode of Market Talks welcomes Nicholas Merten, the founder of DataDash, one of the largest cryptocurrency YouTube channels. Merten is an international speaker, thought leader and crypto analyst. He has utilized his 10-plus years of experience in traditional markets to understand the potential of cryptocurrencies and help his 515,000 YouTube subscribers make better investment decisions. One of the topics up for discussion with Merten isthe recent Bitcoin (BTC) price rally. Are the markets finally out of the sideways trend it’s been stuck in for months, or is this…