Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement
BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold. Source
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Retraces
Bitcoin Retraces To $43K, Why The Next Few Months Could Be Bullish
Bitcoin found short-term support near $43,000 as it retraces some of its gains from the current week. The first crypto by market cap is displaying more strength and managed to close February’s monthly candle in the green, something that last happened back in Q4, 2021. Related Reading | Bitcoin Breaks Above
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Bitcoin Breaks $40,000, Then Quickly Retraces to $37,500
Bitcoin has been erupting higher in spite of the chaos in the U.S. capital. The leading cryptocurrency just moved past $40,000 for the first time ever, reaching prices 100% over where the cryptocurrency was just weeks ago. BTC has since pulled back slightly as there has been some selling pressure at
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Bitcoin Retraces 45% of Recent Price Gains as Bulls Lose Momentum
View Bitcoin continues to lose altitude and risks falling to crucial support near $7,555.A UTC close below that level would invalidate an inverse head-and-shoulders breakout confirmed on Jan. 6. However, the pullback was based on low volumes and could be reversed. A move above $8,000 would imply an
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China Hype Implodes as Bitcoin Completely Retraces to Pre-Rally Levels
Bitcoin shows signs of a pump-and-dump scheme.A renowned analyst says BTC is dying.Despite the bearish sentiment, countries around the world want to allow investors to trade the pioneer cryptocurrency.On Oct. 25, Chinese President Xi Jinping addressed the nation about the “important role [that blockchain technology would play] in the next
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