Veteran trader Dave the Wave highlights that Bitcoin's daily MACD indicator is mirroring the 2022 pattern that preceded a major price breakout, indicating the asset may have bottomed. He notes similar three swings lower in the current correction and expects continued price stability and reduced volatility as Bitcoin matures. This technical analysis suggests a potential bullish phase ahead if the pattern holds. Bitcoin is currently trading around $65,826.
XRP is testing a critical $1.19 support level ahead of the new Federal Reserve chair Kevin Warsh's debut, which will influence its short-term direction. Shiba Inu (SHIB) faces a pivotal 45-day period historically linked to price reversals, with poten...
Andrew Tate opened a highly leveraged 40x long position on Bitcoin worth about $3.79 million but was fully liquidated within 24 hours after Bitcoin's price dropped below his liquidation price. Despite attempts to add margin, Tate lost a total of $95,...
BlackRock is launching the iShares Bitcoin Premium Income ETF (ticker BITA) tomorrow, offering institutional-grade Bitcoin income exposure. This new ETF competes directly with Strategy Inc.'s STRC and Bitmine's BMNP, providing investors more options ...
Bitcoin's price decline in June has pushed about $8.6 billion of the $10.6 billion worth of bitcoin options expiring on June 26 out of the money, meaning most bullish bets are currently underwater. Only 20% of these options are profitable if exercise...
The U.S. Federal Reserve, under new Chair Kevin Warsh, is expected to keep interest rates steady in its first meeting, with markets closely watching the policy statement and press conference for hints on future hikes. Bitcoin could react positively i...
