Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days.
Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages.
Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow?
Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders’ confidence for a rate cut during the Federal Reserve’s next meeting.
Buyers are trying to sustain Bitcoin above $112,500, but the upside may remain capped until the whales reduce their selling and treasury companies increase their demand.
Bitcoin price pushed closer to its range highs, providing a breakout signal for multiple altcoins. Is it time for altseason?
Bitcoin bulls are trying to get back into the driver’s seat by pushing the price above $112,500. Will altcoins follow?
Bitcoin bulls are trying to push the price back above $110,530, but bears continue to sell breakouts and the range highs. Will altcoins catch a bounce?
Bitcoin dropped below $108,000 on Friday, and the rest of the crypto market followed. Will $100,000 be BTC’s next stop?
Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.