S&P 500 Prints Signal Seen Before March’s Crash: Will Bitcoin Suffer?
Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months. The correlation is
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Prints
It’s Good For BTC When The Fed Prints Money
U.S. government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss. "The Fed continues to set the stage for bitcoin's next bull run," Winklevoss said in a July 22 tweet, which included an article link on the government agency's discussions of further
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Bitcoin Battles for $10K as Gold Prints Over 7-Year High
Bitcoin's attempt to scale the psychological resistance of $10,000 looks to have stalled again, even as gold soars to new highs.The top cryptocurrency by market value is currently trading around $9,630 at time of writing, representing an over 145% gain on the low of $3,867 registered March 12, according to
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Bitcoin Prints Perfect Sell Setup Last Seen at February’s $10k Top
After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure.Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The
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Bitcoin Not Affected as US Fed Prints Equivalent of 9.8M BTC in 1 Day
The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy — but banks want even more money.As the New York Fed confirmed on its website, so-called repurchase operations, or “repos,” totalled $89 billion on March 5 alone. Coronavirus sparks liquidity scumRepos
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Litecoin Prints Array of Buying Signals, and That’s Massively Bullish for Crypto
Despite the brutal retracement the cryptocurrency market saw this week, a top analyst is getting bullish on Litecoin, citing an array of technical factors.While this may not seem relevant to many readers, as many of you may not trade or own the altcoin, LTC’s directionality could have a strong effect
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Chinese State Media Organization Prints Bitcoin Overview Article
A Chinese media agency recently published a detailed article on Bitcoin on the front page of its newspaper on November 11, 2019. This development is in line with China’s latest positive stance towards cryptocurrency and blockchain technology. Some observers, however, believe that the new trend is a build-up to the
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Monero Could Skyrocket After Bleeding as It Prints a Reversal Structure
Opening a fresh long position in Monero at current levels may not be a wise decision for non-experienced traders. | Source: ShutterstockBy CCN Markets: Monero has been trapped in range accumulation for over a year now. Since August 2018, the cryptocurrency has been range trading in a wide range between
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Bitcoin May Plunge as It Prints a Familiar Bearish Structure
Bitcoin looks short-term bearish and long-term bullish due to a familiar technical structure on the chart. Find out more here. | Source: ShutterstockBy CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at
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