Bitcoin reaches ‘short squeeze’ trigger zone as BTC price nears $20.4K

Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts lose out in modest... Read more »

US dollar hits new 20-year high — 5 things to know in Bitcoin this week

Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflation... Read more »

Rocky road lies ahead, but here’s 5 altcoins that still look bullish

The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin... Read more »

Bitcoin threatens 20-month low monthly close with BTC price under $20K

Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Odds stack up for... Read more »

Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech

Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$20,000 BTC price targets... Read more »

Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K

Bitcoin (BTC) failed to keep $20,000 support on Aug. 27 as fears over a sell-off by users of defunct exchange Mt. Gox added to price pressures. BTC/USD 1-day candle chart (Bitstamp). Source:... Read more »

Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder

Over a decade-long evolution later, for self-justified personal reasons, a handful of the crypto community members chose to believe in siding against Bitcoin (BTC), resulting in a narrative that preached “blockchain is great,... Read more »

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” to bring down inflation, which is close to its highest level in 40 years. He... Read more »

Bitcoin price gains 3.5% as US PCE data supports shrinking inflation

Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView... Read more »

Why Bitcoin traders should make friends with the trend

The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal.  Bitcoin (BTC) price continues to chop below the... Read more »