With bitcoin (BTC) reaching $68,000, hopes have been raised in the market that the “uptober” phenomenon will be repeated. The price of the digital currency rose more than 6% yesterday, its best daily performance in almost two months. And, since then, it has remained trading mostly around USD 66,000, exhibiting resistance in this area just … Read more
One of the main factors behind the recent rise in the price of bitcoin (BTC) is the outstanding performance of ETFs of this digital currency in the United States. Yesterday, The funds reported net inflows totaling $555 millionthe highest volume recorded since June 4. This injection of capital led to the price of bitcoin going … Read more
Although the price of bitcoin (BTC) started the week rising to more than $66,000 (USD), there are factors that can affect its performance. The digital currency is in a period of consolidation seven months ago since the historical record it set at USD 73,700. Therefore, beyond its recent strength, It is key that the global … Read more
A loss of new support could send bitcoin to lows not seen in seven months. Low volatility is expected for the price, according to trader Miles Deutscher. The price of bitcoin (BTC) has returned to around $63,000 (USD) today. This shows a change in the trend experienced during the week. Precisely, the currency fell yesterday … Read more
Ether is in a downtrend against bitcoin since September 2022. The double bottom pattern is not foolproof, it only shows probabilities. The Ethereum network cryptocurrency ether (ETH) has been in a sustained bearish trend against bitcoin (BTC) for the past two years. However, it is currently showing signs of a possible change of direction. Over … Read more
Expectations about the CPI are favorable for financial markets. Bitcoin volatility will increase as the CPI presentation date approaches. The price of bitcoin (BTC) started the week on the rise. It even touched the $64,000 mark and, at the time of this publication, it can be seen in the CriptoNoticias Calculator that it is trading … Read more
Historically, October is a bullish month for bitcoin. As the US elections approach, volatility may increase. The price of bitcoin (BTC) began the second week of October today by rising to around $64,000 (USD), which shows greater strength in the market. Bitcoin exhibits an appreciation of 8% since the fall to USD 59,000 that it … Read more
Gold is approaching all-time highs, while bitcoin struggles not to collapse. War conflicts increase the state of global tension. This week has been marked by the escalation of the war conflict in the Middle East. The territories of Israel, Lebanon, Iran and other nations in the region were the scene of military ground and air … Read more
Is a great financial crisis coming or years of economic prosperity? There are conflicting signals. Within this chaos, bitcoin is presented with a unique opportunity. The world economy gives ambiguous signals. At the same time that the S&P500 index is approaching all-time highs, gold is rising in price as if recession were inevitable. Simultaneously, Chinese … Read more
Bitcoin’s downward reaction to the war does not disarm its bullish thesis. Bitcoin has the ability to act as a safe haven asset, the analyst highlights. Financial markets have retreated this week as a result of the war in the Middle East involving Israel, Iran, Lebanon, Hezbollah and other armed organizations. In this way, they … Read more