Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.

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US and EU lead Bitcoin’s price action

After weeks of flatlining, Bitcoin has finally seen some positive price action, breaking through the $20,000 resistance. The post US and EU lead Bitcoin’s price action appeared first on CryptoSlate.

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Bitcoin price crosses $20K as daily crypto short liquidations pass $400M

BTC price action sees its highest levels since the start of October on the back of a broader risk-asset rally.

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A New Generation of Bitcoin Mining Devices Announced by Canaan Inc.

The Canaan Inc corporation has today unveiled their new bitcoin mining prototypes. The CEO believes that the action is a major milestone to deal with the difficulties found in the Bitcoin ecosystem.

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Bitcoin BTC Price Action Turns Green, But Holders Still Likely to Face Pain

The BTC price gained a bit of bullish momentum over the weekend, recording close to 2% gains as bulls seemed in control—but only momentarily. The post Bitcoin BTC Price Action Turns Green, But Holders Still Likely to Face Pain appeared first on BeInCrypto.

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LocalCryptos, a Bitcoin and Crypto P2P Exchange, is Shutting Down

LocalCryptos P2P exchange platform on October 21 announced that it was shutting down. The platform cites various reasons as to why they took the action.

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Bitcoin price hits 1-week lows as Fed rate hike rumors unsettle market

A sudden dip accompanies squabbling over Fed rate hike policy, with BTC price action recovering lost ground.

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Why Bitcoin’s Price Is Following Stock Market’s Price Action

The Cryptocurrency Market is gaining widespread adoption, with many top global institutions and even countries trying to have a piece of the pie. Bitcoin, the chief cryptocurrency as per market capitalization, has been sought after by notable investors who have described it to be a hedge against inflation.

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Elrond And Aptos Take Over Crypto Market, Negative Consequences For Top Coins?

Elrond (EGLD) and Aptos (APT) are attractive in a sideways market as they record extreme price fluctuations. This price action is attracting market participants tired of Bitcoin and Ethereum trending sideways, chopping out long and short positions.

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Is The Final Wave In Ethereum Up Next? | ETHUSD Analysis October 19, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are examining Ethereum due to how boring Bitcoin price action is. Here is an update on the top ranked altcoin. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): October 19, 2022 In addition to the video highlights listed below the video, we also analyze ETHUSD using the Ichimoku, Bollinger Bands, Moving Averages, and other technical tools.

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Bitcoin whales' number rallies, but their holdings take a tumble- Here's why

Still trading at the $19,000 price range, new data from Santiment revealed a gripping whale action for the king coin Bitcoin [BTC]. According to the blockchain analytics platform, the count of BTC addThe post Bitcoin whales' number rallies, but their holdings take a tumble- Here's why appeared first on AMBCrypto.

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Bitcoin Leads The Hunt For A Green October In Crypto

Bitcoin might be returning to the bottom of its current range; trapped for months, BTC might be unable to push higher. Driven by macroeconomic forces and uncertainty, the sideways price action has decreased volatility across global financial assets.

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Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume.

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Bitcoin (BTC) Price Risks Persist as Demand Wanes

A rather boring Bitcoin price action has left the market hoping for some swift moves, but BTC could make participants wait a bit more before any good news pops up.  The post Bitcoin (BTC) Price Risks Persist as Demand Wanes appeared first on BeInCrypto.

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Bitcoin clings to $19K as trader promises capitulation ‘will happen‘

A dull weekend sees BTC price action erase any trace of the week's volatility as commentators wait for excitement to return.

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Bitcoin: Before you make your next trade in October, read this

The last four months have been marked by a “boring” price action from the leading coin, Bitcoin [BTC], data from on-chain intelligence platform Santiment revealed. In the past few weeks, BTC’s pThe post Bitcoin: Before you make your next trade in October, read this appeared first on AMBCrypto.

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Bitcoiners Must Fight The FATF And Its AML Regime

The Financial Action Task Force and its anti-money laundering policies are antithetical to Bitcoin and an attack on human rights everywhere.

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Paul Tudor Jones sees Bitcoin much higher as fiscal excess unwinds

On holding Bitcoin, Hedge Fund Manager Paul Tudor Jones said he has “still got a very minor allocation, I’ve always had a small allocation to it.” This is despite its highly correlated moves with the risk-on market, not to mention stagnant price action lately, with the past month seeing the BTC price ranging between $18,300 […] The post Paul Tudor Jones sees Bitcoin much higher as fiscal excess unwinds appeared first on CryptoSlate.

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Bitcoin price poised for 'very big move' as CPI due to spark volatility

BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal.

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Biggest mining difficulty spike in 14 months — 5 things to know in Bitcoin this week

Macro forces are brewing, while Bitcoin network fundamentals defy the bears — which side will win out when it comes to BTC price action?

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Strong Labor Data Suppresses Bitcoin And Polkadot Price Action While Oryen Network Capital Influx Remains Unaffected

The Labor Data The statistics for US jobs were posted, which is a mixed bag. In July of this year, half a million positions were created, signaling that growth is still strong. September jobs growth cooled off, but the unemployment rate dropped, causing the Federal Reserve (FED) to likely raise interest rates by 0.

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Bitcoin price gives up key trend line as US jobs data deals 5% losses

A snap unemployment report sparks an instant risk asset sell-off, with BTC price action staying below $20,000 since.

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Bitcoin clings to $20K as whale pressure keeps resistance in control

Traders look for volatility triggers as BTC price action continues within an all-too-familiar trading range.

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XRP Price Demonstrates Extremely Interesting Action Against Bitcoin During Current Drop

XRP price holds up well against Bitcoin, what's behind it

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Is A Spike In Bitcoin Open Interest Forecasting A 2021 Like Bullrun To $69,000?

Bitcoin is losing steam on low timeframes as the price is rejected from the $20,000 and seems poised to re-test previous support levels. The cryptocurrency enjoys a short-lived bullish price action, but buyers have been unable to push further.

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Bitcoin Price Starts Uptober With Record Open Interest Increase, BTC Rally Will Be Short lived?

The Bitcoin price is once again trading above $20,000, its 2017 all-time high, with bullish momentum on low timeframes. The cryptocurrency has been in a similar situation since losing this level early in 2022, leaving many traders to wonder if the bulls will be able to sustain the current price action.

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Bitcoin price sees first October spike above $20K as daily gains hit 5%

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities.

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Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

Bitcoin price action could include a fresh trip to $20,500 but, beyond that, the overall trend remains firmly down for traders.

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Bitcoin Sells-Off Amid Strong Economic Data, Can $18,600 Hold The Line?

Bitcoin has been unable to break above or below its current rage, and price action remains undecided. During yesterday’s trading session, the cryptocurrency saw upside volatility, but gains were surrounded once more today as macroeconomic forces took over BTC.

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BTC Reclaims Its 20K Spot After A Couple Of Bloody Weeks

After plummeting to significant lows in July, bitcoin has been locked in a sideways trading action angling towards higher prices. Still, investors are anxious to see what’s going to happen next.

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Bitcoin Slides Below $20,000 as S&P 500 Breaks Down

Bitcoin surged by more than 5% today, but it’s now trading in the red. Its price action is likely correlated with the S&P500 trading at its lowest level since November...

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More ancient Bitcoin leaves its wallet after 10-year hibernation

BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after 10 years or more.

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Bitcoin gains 5% to reclaim $20K, eyes first 'green' September since 2016

A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next.

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‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week

A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike.

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Ripple Gains While Bitcoin Remains Below $20,000

A recent plunge pushed Bitcoin below the $19,000 mark, but it gradually recovered. This action followed its 6% gain as of yesterday. Meanwhile, Ripple Coin (XRP) seems to be among the notable digital tokens in the bullish trend.

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Bitcoin Reacts To 75 Basis Point Fed Rate Hike | BTCUSD September 21, 2022

In this episode of NewsBTC’s daily technical analysis videos, we look at the volatility in Bitcoin price action following the FOMC meeting today where the Federal Reserve announced a 75 bps rate increase.

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When Will Crypto Winter Thaw Out? Total Crypto Market Cap (TOTAL) September 20, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the total cryptocurrency market cap (TOTAL) following Ethereum Merge-related disappointments and sideways Bitcoin price action, and attempt to understand how long crypto winter might last.

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Seasoned Price Action Trader Says Bitcoin Price Headed For $12,000 – $5,000 Crash Floor

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WATCH: Bitcoin Bloody Monday Leads To Reversal Hammer | BTCUSD September 19, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine a recent showing from bulls after a bloody Monday morning open in Bitcoin price action. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 19, 2022 Last night, we had the weekly close in Bitcoin price, and overnight, there was a deep plunge to the low $18K region.

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Bitcoin May Retest $20,000 Zone Before It Drops To $18,000 Level

Fear has gripped investors and traders alike in light of the recent adverse market action. Bitcoin, the most well-known cryptocurrency, has suffered the highest levels of selling pressure since the crisis in June and July.

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WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022

In this episode of NewsBTC’s daily technical analysis videos, we provide a weekly wrap up on Bitcoin price action and look ahead into what might be a critical weekend for crypto. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 16, 2022 Overall, there isn’t all that much more to report this week.

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Bitcoin price loses $20K, ETH price drops 8% after 'monumental' Ethereum Merge

Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge.

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WATCH: Bitcoin Brutalized After August CPI Data Release | BTCUSD September 13, 2022

In this episode of NewsBTC’s daily technical analysis videos, we take a look at Bitcoin price action following today’s selloff in reaction to August CPI numbers. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 13, 2022 Today just so happened to be August CPI numbers release day, so volatility was expected all around.

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Bitcoin price falls under $21K as traders send 84K BTC to exchanges

Volatility claims many a late long position with BTC price action failing to preserve support from recent days.

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Bitcoin hits 3-week high as trader says 'all signs there' to short BTC

Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average.

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Bitcoin Back Above $21,000, Here’s Why: Satoshi Action Fund Founder

Bitcoiner Dennis Porter believes he knows the reason of the current Bitcoin rise, Peter Schiff takes a jab at BTC

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WATCH: Bitcoin, Wyckoff Theory, And The Composite Man | BTCUSD September 8, 2022

In this episode of NewsBTC’s daily technical analysis videos, we compare Bitcoin price action with Wyckoff accumulation schematics, price cycles and more. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 8, 2022 This video provides a detailed look at Bitcoin market cycles using Wyckoff theory and other cyclical tools.

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White House Suggests Banning Proof-of-Work Mining Used By Bitcoin

The report discusses bitcoin’s energy use and its negative effects on the environment while suggesting possible executive action in the future.

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Crypto Market Setting Up For “Squeeze Of Historic Proportions”, Will BTC Price Get In The Way?

Bitcoin is showing weakness as BTC price trades in a tight range, the number one crypto by market cap saw a small uptick in volatility during today’s trading session. However, the price action was smothered by poor performance in traditional equities.

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