Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support.
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“Bitcoin maximalists? They can’t stop innovation”, says Mati Greenspan
Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021.
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Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit
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Dip-buyers anticipate further downside after Bitcoin price falls to $38K
Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached.
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Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest.
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Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action.
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