Bitcoin price: bull trap likely as Fear and Greed Index falls,ETF outflows rise

Bitcoin price was largely unchanged on Wednesday morning as exchange-traded funds (ETFs) demand waned and the Crypto Fear and Greed Index dropped. BTC was trading at $77,173, a few points below this month’s high of $79,000.

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Fed’s Preferred Inflation Gauge Up 6.4% in February to Four-Decade High

Bitcoin traders were monitoring the PCE Price index for signs of whether price increases are accelerating.

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Time To Be Fearful? Bitcoin Index Reaches Greediest Point Since Peak

Data shows the Bitcoin fear and greed index has now reached the highest level since the peak in November as the price of the crypto rallies up. Bitcoin Fear And Greed Index Now Points At “Greed” As per the latest weekly report from Arcane Research, the BTC fear and greed index has surged to values of greed sentiment this week.

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Terra, Chainlink, Ethereum Classic Price Analysis: 28 March

The crypto fear and greed index finally entered the 'greed' zone after over four months. Hence, Chainlink saw a jump above its 20/50/200 EMA while depicting an overbought position on its near-term tecThe post Terra, Chainlink, Ethereum Classic Price Analysis: 28 March appeared first on AMBCrypto.

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Crypto Fear and Greed Index Sees Record-Breaking Spike

Amid impressive spike of Bitcoin (BTC) price, market sentiment leaves "neutral" zone

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Tron, Decentraland, Axie Infinity Price Analysis: 24 March

After a significant weekly climb on the Bitcoin fear and greed index, Tron crossed above the 38.2% Fibonacci level while marking an overbought position on its technicals.   Furthermore, DecentralThe post Tron, Decentraland, Axie Infinity Price Analysis: 24 March appeared first on AMBCrypto.

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Solana, LUNA, Tron Price Analysis: 10 March

While the last 24 hours proved to be rather menacing for the bulls, the Crypto fear and greed index showed minor improvements in the overall sentiment. The near-term technicals of Solana, LUNA, and TrThe post Solana, LUNA, Tron Price Analysis: 10 March appeared first on AMBCrypto.

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Bitcoin Spikes and Dips as US Inflation Tops 7.9%, ECB Keeps Rates Unchanged

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US Inflation Rises to 7.9% in February, Fresh 4-Decade High

Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.

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Ethereum Shows Even Closer Correlation with the S&P 500 Index than Bitcoin

The statistical analysis of the blockchain analytics company Santiment shows that Ethereum’s price and the S&P500 Index are closely correlated.

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Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked

The Consumer Price Index (CPI) report, due out from the Department of Labor's Bureau of Labor Statistics at 8:30 a.m. ET on Thursday, is expected to show inflation ticked up to 8% in February, a fresh four-decade high.

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CryproQuant: correlation between BTC and S&P500 reaches all-time high

The bitcoin price is currently extremely dependent on the stock market. The level of correlation between the cryptocurrency and the US stock index S&P 500 reached its maximum, CryproQuant analysts noted.

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Tezos, Ethereum Classic, EOS Price Analysis: 21 February

Despite a 24-hour surge in the global crypto market cap, the Bitcoin fear and greed index plunged into an extreme fear zone. Tezos and Ethereum Classic revived from the oversold region as buyers endeaThe post Tezos, Ethereum Classic, EOS Price Analysis: 21 February appeared first on AMBCrypto.

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XRP, Avalanche, WAVES Price Analysis: 16 February

As the crypto fear and greed index drifted into a 'neutral' zone, XRP Formed a bullish flag on its 4-hour chart and reclaimed the crucial $0.83 level. Furthermore, Avalanche saw double-digit 24-hour gThe post XRP, Avalanche, WAVES Price Analysis: 16 February appeared first on AMBCrypto.

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Bitcoin Price: Research Group Sees Crypto Hitting $200,000

The Bitcoin price trading value has hit $41,934. 38 in the open market Monday, which is down by 0. 95% on its index. The cryptocurrency is still recovering from a 50% slump from its November all-time high of $69,500.

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U.S. Inflation Rate At 40-Year High — Bitcoin, Ether, XRP, Cardano Have All To Gain

Inflation is at a 40-year high as investors begin to panic. Prior to the release of the report, cryptocurrency prices spiked. So far, the crypto market appears to be holding up.   The United States Labor Department recently released the Consumer Price Index (CPI) for January.

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Ethereum, Dogecoin, Uniswap Price Analysis: 13 February

With the market-wide retracement in the last few days, the Bitcoin fear and greed index saw a slight pullback as it kept hovering into the 'fear' zone. Ethereum and Dogecoin witnessed an up-channel brThe post Ethereum, Dogecoin, Uniswap Price Analysis: 13 February appeared first on AMBCrypto.

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Demand For Bitcoin, Ether Increases As U.S. Inflation Rate Accelerates To A 40-Year High

The increasing inflation in the US continues to push serious concerns. According to the latest data, the Consumer Price Index (CPI) has reached the level of 7. 5% per year, indicating the highest inflation rate since February 1982.

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“Transitory” U.S. inflation hits 7.5% in January, 40 year high

The United States inflation rate year-over-year, or the Consumer Price Index for All Urban Consumers (CPI-U) to be precise, increased 0. 6% in January on a seasonally adjusted basis, the United States Bureau of Labor Statistics reported today.

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Dogecoin, Tezos, EOS Price Analysis: 09 February

As the Bitcoin fear and greed index jumped by 26 points over last week, XTZ saw staggering gains while seeing an overbought RSI. Also, EOS invalidated its bearish tendencies by marking a close above tThe post Dogecoin, Tezos, EOS Price Analysis: 09 February appeared first on AMBCrypto.

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A Big Bitcoin Price Action Highly Imminent as Volatility Hits 8-Month Low

Bitcoin price has become the calmest in eight months on Monday. The cryptocurrency’s volatility index has hit 0. 08, a level the indicator last flashed in October 2019. A prolonged period of low volatility and sideways consolidation typically results in violent breakouts.

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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index

Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […]

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Bitcoin Whales’ Sudden Accumulation May Prevent Deep Correction to $8k

Bitcoin started off the week on the wrong foot. Its price recently dropped below $9,000 for the first time since late May. The sudden bearish impulse sent investors into “fear,” according to the Crypto Fear and Greed Index.

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Was Bitcoin’s Decline Caused By The Stock Market Dump?

On June 11, the S&P 500 price declined by 5. 8%. This was the largest percentage decline since March 16 and could have been the beginning of a longer-term downward trend. S&P 500 Tumbles On June 11, the price of the S&P 500 index fell considerably from a high of 3190 to a low of 2998.

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Bitcoin Price Crashed Below $9100 Yesterday Along with Dow Jones Fall

Coinspeaker Bitcoin Price Crashed Below $9100 Yesterday Along with Dow Jones FallYesterday for the second time in June 2020 Bitcoin price collapsed 10%. The drop coincided with the significant crash of the Dow Jones index.

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Crypto Fear & Greed Index Eyes Greed Zone Despite Bitcoin (BTC) Price Dump

After the upsurge past $10,300, Bitcoin (BTC) has revisited $9,500-$9,600 waters in a painful correction. But even this fall hasn't stopped the Crypto Greed&Fear Index!

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Bitcoin monthly technical analysis: May to June 2020

The Bitcoin price index closed at $9,453 on May 31 to end the month...

The post Bitcoin monthly technical analysis: May to June 2020 appeared first on Coin Journal.

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Bitcoin Investors Increasingly Becoming Long-term HODLers & Whales Back to Accumulating

This week started on a red note, with the price of bitcoin falling below $8,700. Today, we made our way back above $9,000 only to dropdown again. Crypto Fear and Greed Index remains largely in the neutral or fear category.

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Digitex Futures Becomes First Centralized Exchange To Integrate Chainlink’s Decentralized Price Oracles

In an official press release on Monday, May 25, 2020, Seychelles-based Bitcoin futures exchange, Digitex, announced the integration of Chainlink's decentralized price reference oracles in a bid to improve and support its internal index to prevent slippage on the platform.

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John McAfee Announces Privacy Coin – Airdrop Today

2020 has been a turbulent year for the cryptocurrency market, but it has established the resilience of blockchain technology. Despite a single-day market plunge that battered the entire market valuation with a 50% drop, the following rapid uptick in Bitcoin price has led it to outperform the S&P500 index by a large margin.

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The ‘Worst is Yet to Come’ for Altcoins as Capitulation Expected Soon

Post halving, the price of bitcoin has surged more than 10%. However, cryptocurrencies with small-cap have been leading after surpassing bitcoin last week. The Small Cap Index is up about 10% so far.

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Bitcoin RSI Reaches Full Power, Highest Overbought Conditions Since June 2019

The most recent push in Bitcoin price by bulls has resulted in the Relative Strength Index, or RSI, reaching full power. The commonly used trend-strength measuring tool hasn’t hit such overbought conditions since the June 2019 top.

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Technical Indicator that Predicted Bitcoin Crash to $3.6k in March Is Screaming Sell Again

The Tom Demark (TD) Sequential indicator has proven to be essential in determining Bitcoin’s price action. This technical index was able to predict the most significant exhaustion’s points on BTC’s 1-day chart over the last three months.

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XRP Price Heading for $0.24 as Almost 60 Mln Sent by Anonymous Investors

The third largest cryptocurrency is aiming at $0.23-$0.24, traders believe, while the XRP Liquidity Index drops in Mexico and anonymous holders send around 60 mln XRP

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Miners Have ‘Great Confidence’ in Bitcoin’s Future While Investors Shifting to Long-term HODLing

The price of Bitcoin has been stagnant in the first half of April, trading in a tight range of $6,750 and $7,350. Currently, BTC/USD is trading around $6,800 while the market remains in “extreme fear,” as per the Crypto Fear and Greed Index with a reading of 15, just a slight uptick since the sell-off […]

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XRP Price Targets $0.24+ as XRP Liquidity Index Hits New ATH of 23.8 Mln

XRP is in the green, trading at $0.19 and traders are expecting further growth. Meanwhile, XRP liquidity in MoneyGram?s largest ODL corridor has just reached a new ATH

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Comparing Bitcoin Since 2017 to the Nasdaq Dot-Com Bubble

Measuring from the Dec. 17, 2017 all-time high, the Bitcoin price has been correcting for 819 days. The decrease has been very substantial, with the price having lost 63% of its value. A very similar movement occurred to the Nasdaq index during the 2000 dot-com bubble.

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Peak “Fear” Crypto Market Shows Big Bitcoin Recovery is Imminent: Analyst

The crypto market is on fire this week, with Bitcoin price exploding well above $7,000 and the rest of the market outperforming the leading crypto by market cap. However, even though prices are taking off across the market, according to the Fear and Greed Index, the market is still in extreme fear. One crypto analyst...

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Ripple and Bitso Wire 84.5 Mln XRP but XRP Price Expected to Fall from $0.19

Ripple and its Mexican ODL partner Bitso wired a gargantuan amount of XRP as the liquidity index surges. However, analysts expect the price to reach $0.19 and decline

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XRP Price Recovers to $0.16 as XRP Liquidity Index Starts Picking up Speed

The XRP price hits $0.16, while the liquidity index of XRP starts showing signs of getting out of the low where it has been since BTC price crash

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XRP Price Risks Falling to $0.05 as Liquidity Rise Slows Down in Major ODL Corridors

XRP price is in the green and showing a nearly 8-percent rise, meanwhile the XRP Liquidity Index in three major ODL corridors is hardly growing

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Bitcoin and S&P 500 Correlation Has Never Been So Accurate

Coinspeaker Bitcoin and S&P 500 Correlation Has Never Been So AccurateBitcoin and S&P 500 Price Index correlation proves that cryptos and stocks have one thing in common - the American retail investors and corporation bosses.

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Bitcoin’s Fear And Greed Index Suggests BTC Price Might Take A While To Recover

While the global stock market, major economic sectors, and world economies take a hit amid strong rumors of a looming economic recession, the crypto market especially Bitcoin has had struggles of its own.

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XRP Liquidity Index Struggles to Reach New High After XRP Price Crash

After the XRP price made a sharp drop on March 12, the XRP Liquidity Index in ODL corridors is struggling to recover to new all-time highs but has failed so far

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A look into Ripple's ODL platforms: XRP/PHP index notes another ATH

The cryptocurrency market started to collapse on 8 March with Bitcoin [BTC] breaching support at $8k. Similarly, the price of the third-largest crypto asset, XRP also fell by 17.75% and fell as low asThe post A look into Ripple's ODL platforms: XRP/PHP index notes another ATH appeared first on AMBCrypto.

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Bitcoin’s fear and greed index suggest a strong BTC buying opportunity

Bitcoin price crashed to 7700$ in morning trading hours, CME Gap was also filled after this drop. The reason of this violent drop could be coronavirus pandemic situation, effect of coronavirus can be seen in the Global stock markets as well.

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Bitcoin is a Safe Haven Asset by Being Uncorrelated & Censorship Resistant: Arcane

Bitcoin's (BTC) price wiped out gains made in February. The digital asset started the month at around $9,400, and ended at just above $8,600, losing 8.5% of its value in the process. This has the Fear and Greed Index falling to 39, a level not seen for nearly two months. Additionally, the volume on the […]

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Bitcoin Price Shrugs Despite Worst Markets Correction Since 2008

The Crypto Fear and Greed index suggests Bitcoin is approaching a buy zone but volatility from traditional markets may undermine investor confidence

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XRP Price Expected to Go Above $0.40 While Its Liquidity Rises

While the third biggest crypto has been showing some flat trading, its index of liquidity in the Philippines is soaring and traders are expecting a price surge soon

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Bitcoin Chart Indicator Flips Bearish as Price Sees Weak Bounce From $9.4K

Bitcoin's daily money flow index has turned bearish for the first time since early January, supporting the case for further price losses.

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