For a product famed for its wild price swings and double-digit percentage moves, Bitcoin is currently experiencing a lull in price action with volatility currently sitting at a multi-month low. Get your market update from nickcawley1 here:
The last time these two simple moving averages crossed was back in mid-September when a bullish ‘golden-cross’ was formed. The price of Bitcoin moved lower in the next couple of weeks before rallying hard.Bitcoin currently trades in a tight range and may continue trading sideways until next week’s Fed decision is out of the way. Bitcoin has become more of a risk-proxy of late, moving higher when the market turns risk-on and lower when the market turns risk-off.
– bullish or bearish?? You can let us know via the form at the end of this piece or you can contact the author via Twitter
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analystsBTC price action could benefit most from the classic Bitcoin supply and demand transformation this year, analysts agree.
Leer más »
Bitcoin Whales Bought Extra 40,000 BTC Before Bounce Past $42K40,000 extra Bitcoin tokens bought by whales ahead of latest jump above $42K BTC
Leer más »
2 key Bitcoin trading indicators suggest BTC is ready for a 62% upside moveBTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price.
Leer más »
2 key Bitcoin trading indicators suggest BTC is ready for a 62% upside moveBTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price.
Leer más »
BTC/USD Forex Signal: Bitcoin Very Bearish Below $39,800The BTC/USD remained under pressure as a decline in key global assets continued.
Leer más »
BTC, XRP, and BNB Price Analysis for January 18Which coin could grow during the ongoing market correction? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX
Leer más »