Monday, November 25, 2024
Home > Bulls (Page 8)

BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise

Bitcoin (BTC) headed higher into the Sep. 14 Wall Street open despite fresh macro data showing resurgent United States inflation.BTC/USD 1-hour chart. Source: TradingViewBitcoin gains while U.S. PPI beats forecastData from Cointelegraph Markets Pro and TradingView followed BTC price action as it made new September highs, topping out at $26,762.Bitcoin

Read More

BTC Price Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

"At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastics in a setback," Katie Stockton, Fairlead Strategies' founder and managing partner, said in a note to clients on Monday. "The downturn suggests the basing process may be drawn out, especially given the overhang of the monthly

Read More