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BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHot U.S. PPI data "rattles" marketsData from Cryptox Markets Pro and TradingView showed BTC/USD retracing some of its latest gains on the day, trading

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‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools

Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Street open as the U.S. dollar cooled its surge to new two-decade highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar bull run takes fresh breatherData from Cointelegraph Markets Pro and TradingView revealed a tug-of-war between buyers and sellers following seven-day lows

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Bitcoin price approaches potential springboard to $23K as DXY cools surge

Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhale levels close byData from Cointelegraph Markets Pro and TradingView showed BTC/USD wedged in a tight trading range with liquidity creeping closer to spot on

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Bitcoin cools from 1-week highs with key long-term metric echoing $44K

Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI sees "bullish engulfing"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight.The pair then recovered to circle $56,500

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‘Shift 1% of Portfolio into Bitcoin’, JPMorgan Advises Investors as Bull Run Cools Off

Analysts of JPMorgan highlighted the evaporating liquid supply as multi-billion dollar institutions and corporations are buying substantial quantities at a fast rate.JPMorgan Chase & Co (NYSE: JPM) strategists have suggested that investors should consider moving 1% of their portfolio into Bitcoin to serve as a hedge against fluctuations in traditional

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Analyst Who Called Bitcoin Price Plunge Cools Sub-$5000 Fears

Bitcoin price could drop to $6,000s says Dave the Wave. BTC is set for its worst month in 2019. The cryptocurrency’s recovery was rejected at $7,400. The bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. Technical analyst Dave the

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