On-Chain Data Shows Bitcoin’s Decoupling From S&P 500 Is “Upcoming”
For the past few months, Bitcoin’s price action has largely been beholden to legacy markets like the S&P 500, the U.S. dollar index, and gold....
A Lifelong US Dollar Downtrend Paints Bullish Outlook for Bitcoin
The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time...
Bitcoin is Eerily Copying Gold Trends; Analyst Fears Breakdown
Bitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest...
Bloomberg: Bitcoin “Should Be A Primary Beneficiary” Post Pandemic
“Bitcoin is the answer” is a phrase that’s thrown around regularly both in a serious and comical manner all across the crypto community. But in...
Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse
Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn...
Bitcoin Price Revisiting $11,000 Could Confirm Short-Term Bearish Reversal Pattern
Bitcoin price today blasted above $11,000, reviving bullish sentiment across the crypto market. Behind the buzz, is the fact that the leading crypto asset successfully...
Bitcoin Holds $10.7K as Altcoin Market Bleeds; Two Reasons Why
Bitcoin held steady on Wednesday even as a majority of top alternative cryptocurrencies, or altcoins, plunged considerably. BTC/USD eyes a retest of $11,000 ahead of...