After briefly dipping below $18,000 on CPI day, the Bitcoin price quickly recovered and is now trading around the $19,000 level. This sharp rebound suggests that there is still strong demand for
Inflation in the United States rose more than expected in the month of September, according to data released by the U.S. Bureau of Labor Statistics. The Consumer Price Index
The Bitcoin price is now down by only 1% or less in the past day, as it attempts to reclaim the four hour trendline that it lost earlier today. Before the CPI print, traders derisk
Bitcoin is currently outperforming stocks in terms of relative strength. The S&P 500 hit a low of 3,491 on CPI day before also recovering well - bouncing as high as 3,660.
Elon Musk, the billionaire CEO of Tesla and SpaceX, tweeted late last night that he expects the Bitcoin price to recover to the $20,000 psychological support area in the short term. Musk has been a vocal supporter of Bitcoin and cryptocurrencies in
Elon Musk's recent tweets about Bitcoin and Dogecoin may have helped boost the prices of both cryptocurrencies. On May 12th, Musk tweeted about Bitcoin's
If Bitcoin can reclaim the trendline on the Bitcoin price chart above, price targets such as $21,500 could come into play. The trendline in question is the
The current range for Bitcoin is $24,300 to $25,200 based on the weekly candle close and wicks. This high range is
Bitcoin bull and former Bitmex leaderboard trader Chimpzoo is expecting the Bitcoin price to hold above $19,000 in the short-term.
Some market commentators are expecting a strong move to the upside for Bitcoin, even if it is just a bear market rally. This is based on reports of targets like DonAlt's $29
Bluntz is a popular crypto trader who is expecting more range bound action for the remainder of the year and potentially well into 2023. He believes
One way to navigate the choppy and unpredictable waters of the cryptocurrency market is to invest in new token presales. By getting in on the ground floor of a new project, you
IMPT token, a new cryptocurrency presale, has raised $4 million in initial seed round funding. The project has seen strong
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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of CryptonewsUptober is back and CryptoKaleo is predicting that the Bitcoin price will flip green for the month.
Trader CryptoKaleo tweeted 'Uptober is back' to his half a million followers as the Bitcoin price pumped back over $19,500 today - recovering the weekly and monthly openContinues Bitcoin and Ethereum are eyeing a recovery, EOS and CHZ rally continues.
Bitcoin price started a consolidation phase after a strong decline to USD 21,000The prices of Bitcoin and Ethereum are gaining strength, and LUNC and LUNA are rallying.
If the bulls remain in action, the price could surge towards the $20,500 levelThe consolidation of Bitcoin prices and Ethereum in spite of a broader US dollar rally.
To start a fresh increase, the bulls need to gain strength for a move above the $19,500 resistance zone