-
BTC Pulls Back But Are Bulls Staging a Rally to $24K? (Bitcoin Price Analysis)
Bitcoin’s recent uptrend has paused temporarily upon arriving at the major swing level of roughly $22.8K. Although there are some bullish signs based on the on-chain analysis, there is a significant resistance region ahead in Bitcoin’s path. The market appears to be looking for direction as the price has now reached a critical resistance zone. The descending trendline had been supporting the price until Bitcoin experienced a sudden cascade and dropped below it in late June 2022. This trendline then turned into a substantial resistance level and has rejected the price ever since. However, Bitcoin has initiated a ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From @financialjuice|Jan 25, 2023tweet at 11:29am: BOC'S GOV. MACKLEM: THE LIKELIHOOD OF A WAGE-PRICE SPIRAL HAS DECREASED. tweet at 11:32am: BOC'S GOV. MACKLEM: IT WILL NOT FEEL GOOD IF THE ECONOMY STALLS, BUT WE NEED THIS PERIOD OF NO GROWTH. tweet at 11:34am: BOC'S GOV. MACKLEM: THERE MAY BE A MILD RECESSION, BUT IT WILL NOT BE A CONTRATCION.
-
From @financialjuice|Jan 25, 2023tweet at 11:16am: BOC'S GOV. MACKLEM: IF INFLATION FALLS, IT WILL BE PROOF THAT BOC HAS DONE ENOUGH. tweet at 11:15am: BOC'S GOV. MACKLEM: WHEN ASKED WHAT HE WOULD NEED TO SEE TO RAISE INTEREST RATES AGAIN, HE SAYS HE WOULD LOOK FOR AN ACCUMULATION OF EVIDENCE. tweet at 11:17am: BOC'S GOV. MACKLEM: SERVICE INFLATION WILL TAKE LONGER TO DECLINE. tweet at 11:17am: Boc's gov. macklem: service inflation will take longer to decline. tweet at 11:20am: BOC’S MACKLEM: IT IS ‘FAR TOO EARLY TO TALK ABOUT RATE CUT’; INFLATION STILL 6% VS. 2% TARGET #interestrates #inflation #Canada #economy
-
From bitcoinmagazine.com|Jan 25, 2023State Sen. Wendy Rogers (R-AZ) has introduced a set of bills aimed at making bitcoin legal tender in Arizona and allowing state agencies to accept bitcoin. The proposed ...
-
- Newer Stories
-
From decrypt.co|Jan 25, 2023Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The ...
-
From @elonmusk|Jan 25, 2023tweet at 12:59pm: @dogeofficialceo Thank you, Sir Doge! tweet at 11:35am: I for one think @elonmusk is hilarious https://t.co/hsCLhO5ULZ
-
From cato.org|Jan 25, 2023To say the last few months have been tumultuous for the cryptocurrency industry may be an understatement. But it’s interesting to consider how the cryptocurrency mining industry ...
- Story Stats
- Posted: Jan 25, 2023 11:52am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 132
