BTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.
BTC price action reflects a tug-of-war between weak bulls and bears, but Bitcoin breaking down is firmly on the cards.
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market.
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
Bitcoin has neither broken out nor down, but the status quo still includes the risk of a trip to BTC price “bearadise.“
Bitcoin erases all trace of “Grayscale hype,” with September offering a trip below $26,000 and limited chance of upside, BTC price analysis warns.
BTC price action is all about the 200-day moving average into the monthly close, with opinions on the outlook increasingly polarized.
It’s all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says.