Bitcoin


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Bitcoin Price Gets Fed Boost but Bond Yields Could Play Spoilsport: Analysts

The Federal Reserve has strengthened bitcoin's appeal as an inflation hedge, opening doors for a continued price rally.

Bitcoin price chart for the last 24 hours.

Merkado

Bitcoin's RSI Warns of Fading Bull Momentum Even as Price Nears Record High

RSI's bearish divergence indicates uptrend fatigue and suggests scope for a bull market correction.

Bitcoin price chart over the past month.

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Bitcoin’s Put-Call Ratio Hits 9-Month High, but That’s Not Necessarily Bearish

The spike may be being fueled by increased put selling, which is usually done when the market is expected to consolidate, or rally.

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Bitcoin Hits Two-Week High Above $55K Ahead of US Inflation Data

Higher U.S. inflation expected to be revealed today is both good and bad news for bitcoin prices.

Bitcoin prices for the last 24 hours.

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Bitcoin Eyes Record Highs as Market Cap Bounces Back Over $1T

Bitcoin's resilience to the dollar's recent rally has opened the doors for a climb to new record highs, according to one analyst.

Bitcoin prices for the last 24 hours.

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Bitcoin, Around $51K, Nears Upper Bound of 3-Year Price Trend

Upward-sloping price channel starting in late 2017 on weekly chart shows near-term resistance around $60,000.

Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).

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Bitcoin's Stimulus-Led Rise Fades as Stocks Drop, Dollar Gains

Stronger bond yields and a rising dollar are capping price progress for risk assets.

Bitcoin prices for the last 24 hours.

Merkado

The Price Average Is the Line in the Sand for Bitcoin Bulls, Analyst Says

Bitcoin's broader bias remains bullish with prices holding well above the 21-week SMA.

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Merkado

Bitcoin Briefly Climbs Back Above $50K for First Time in Six Days

The largest cryptocurrency continues to claw back ground after last week suffering its biggest loss since March 2020.

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Merkado

Bitcoin Heads Back Toward $50K, Rebounding From Disastrous Week

The largest cryptocurrency was up more than 8% Monday, rebounding after its worst seven-day stretch since the coronavirus sell-off in March 2020.

Green "candle" at far right of daily price chart shows Monday's jump after declines on six of the prior seven days.