Despite GBTC's significant outflows and concerns about market absorption, Bitcoin manages to maintain support at $40,000. The market remains uncertain, with conflicting forecasts from analysts and traders.
SanyaBTC and altcoins have been hit by another sell-off, with analysts saying the deteriorating macroeconomic environment could push bitcoin prices below $40,000.
CointelegraphIt's been a dark week for macro markets, and the weekend managed to provide some respite for crypto traders.
CointelegraphBitfinex heavyweights are not the only ones who see current Bitcoin price levels as a buying opportunity.
CointelegraphIncoming CPI data is set to shock markets, while Bitcoin traders are eyeing the event as a potential “short-term bounce” catalyst.
Cointelegraph$40,000 remains a hurdle for BTC price, but traders still agree that the current range is a zone for accumulation.
CointelegraphWith little comfort on the daily chart, analysts once more zoom out to explain the lack of momentum on the market.
CointelegraphMacro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support.
CointelegraphMarkets took a turn for the better after BTC reclaimed $40,000, and the excitement over Elon Musk buying Twitter translated to a 20% pump for DOGE price.
CointelegraphThe latest relief rally, which began April 25, fizzles less than a day later, while Dogecoin continues its bullish vibe.
Cointelegraph