Lower highs for Bitcoin with funding rates calling for another dip.
to local lows of $35,500 after comments from the United States Federal Reserve, but previous highs still eluded bulls.continuing into negative territory, it seemed that the market expected another investigation of the area closer to $30,000 support.
"Funding turned even more negative post FOMC as investors were spooked by Powell’s resolve to fight inflation," a report from crypto research firm Delph Digital summarized. "All in all, it seems like the market is expecting Bitcoin to make a lower low after recently testing the $34K level."While sustained low funding rates provide fuel for a"squeeze" of unsuspecting shorters, mixed emotions prevailed Friday amid news that the U.S.
Popular Twitter account Material Scientist, creator of on-chain analytics suite Material Indicators, noted increased sustained buying by one entity this week. In the last week, someone has been TWAP'ing a net of +$200M with orders of size $10k - $100k, making up almost all of the total CVD on Binance.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates Unchanged – Market Updates Bitcoin NewsCryptocurrency markets were volatile on Thursday, as traders appeared to react to the Fed’s decision to keep interest rates unchanged.
Read more »
BTC price hits $38K as Bitcoin analysts focus on weekly close40k Bitcoin soon? Optimism is rising as BTC hit $38,000 twice. According to experts, if those levels hit again, we could potentially have a price breakout.
Read more »
Technical Analysis: Bitcoin (BTC) Price Prediction for 2022 | CoinMarketCapBitcoin moves, altcoins follow! Is this the last dip before the bull run or there are more to come? Read more! 👇 By CMCAlexandria Author: youngcryptowolf Editor: YousraAASheikh ETH GALA FLOKI BTTC BTT BTC SOL ADA AVAX LUNA
Read more »
BTC/USD Forex Signal: Bitcoin Relief Rally to ContinueThe $BTCUSD pair made a strong recovery after its deep sell-off during the weekend. Trade Bitcoin here:
Read more »
BTC, ETH, XRP, BNB and ADA Price Analysis for January 27Can the main coins keep the growth going after a slight bounceback? CardanoStiftung ADAcoin_ Cardano cardano crypto Ethereum ETH $ETH cryptoexchange VitalikButerin
Read more »
No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC priceBitcoin may be seeing 'depressed' moves on BTC as hodlers knuckle down for the long haul.
Read more »