Key points:Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears.The deep pullback in several altcoins suggests the next leg of…
Major cryptocurrencies experienced two-way price action early Friday, as the dollar remained bid against major fiat currencies following President Donald Trump's announcement of new tariffs.Bitcoin fell to $114,290, nearly…
The US national debt recently hit a new all-time high (ATH), surging above $36.5 trillion and putting significant pressure on the US Dollar Index (DXY). As the DXY struggles under…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The dollar index (DXY), which tracks the greenback's value against major fiat currencies, looks south, having…
Key points:Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate.Ether and select altcoins are trying to bounce off their strong…
Key points:Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying.Strategy and Metaplanet continue to accumulate Bitcoin, adding steady…
Key points:Bitcoin price saw profit booking near $105,819, signaling that bears remain active at higher levels.Select altcoins have continued to move higher, indicating increased investor interest. The SPX and the DXY…
Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include…
Key points:Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.Solid buying by spot Bitcoin ETF investors last week signals a positive shift in…