Thursday, May 26, 2022
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Bitcoin falls toward $38K as stocks abandon Fed ‘reactionary rally’

Bitcoin (BTC) lost almost $1,000 in the first hour of Wall Street trading on May 5 as a brief rally ended in disappointment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNasdaq drops 4% on post-Fed openData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it returned to $38,130 on Bitstamp almost 24

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Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K

The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption.In theory, the 8.5% inflation in the United States means that every five years, the prices increase

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Bitcoin retreats toward $38K after Friday sparks losses for ‘nearly everything’ outside China

Bitcoin (BTC) fell into the May holiday weekend after late trading saw crypto losses echo "basically everything."BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMacro keeps BTC firmly in its placeData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,180 on Bitstamp to circle $38,600 on April 30. The pair had performed

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Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk buying Twitter began to fade, and concerns about the state of the global economy took the forefront again.Tech-related stocks were some of the hardest-hit assets on Tuesday and this pullback was

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Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin risks return to $38,000 supportData from Cryptox Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s

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Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat

Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3-day chart could be "precursor" for weekly Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000 after several attempts to break $38,000 support.The pair had also seen a brief spurt

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