Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump.However, digging a little deeper shows that most of the usual suspects had little chance of causing BTC’s drop to $55,000. Instead, analysts believe that the world’s largest cryptocurrency is just taking a … [Read more...] about Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says
Breather
Large Bitcoin Investors Take a Breather After Frantic October, U.S. Inflation Data Eyed
Bitcoin’s uptrend continues with prices rising over 10% this month, extending October’s 40% gain and setting a new record high of over $68,000. However, institutions and large investors seem to be handing the baton over to retail investors ahead of the U.S. consumer price index data that could influence the Fed rate hike expectations.While the coin stash of small bitcoin … [Read more...] about Large Bitcoin Investors Take a Breather After Frantic October, U.S. Inflation Data Eyed
Bitcoin bulls take a breather while BTC price slips below $55,000
Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above $61,000. Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600 and at the time of writing, buyers have not stepped in to arrest the decline. BTC/USDT 4-hour chart. Source: TradingViewA … [Read more...] about Bitcoin bulls take a breather while BTC price slips below $55,000