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Tag: DXY

Bitcoin options data points to an interesting outcome after this week’s $1.9B expiry

August 24, 2023 wp-bot Cointelegraph

A flurry of macro and crypto-specific factors is expected to impact this week’s $1.9 billion Bitcoin options expiry.

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Glassnode Co-Founder’s Prediction: DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000

August 21, 2023 wp-bot Bitcoin News, News BTC

The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level

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Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?

August 15, 2023 wp-bot Cointelegraph

Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes.

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Bitcoin price is down, but data signals that $30K and above is the path of least resistance

July 25, 2023 wp-bot Cointelegraph

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.

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Why is XRP price down today?

July 24, 2023 wp-bot Cointelegraph

XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.

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Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst

July 19, 2023 wp-bot News BTC

In a recent newsletter by renowned analyst CryptoCon, a groundbreaking indicator known as the “Bitcoin DXY correlation coefficient” has captured the attention of the community.

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Blockchain
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