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Showing posts with the label bulls

Are Bitcoin Bears Losing Out? $31 Million Wiped Out In BTC Shorts Liquidation

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Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon?

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Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750?

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DOGS Price Plunges 20% In A Week, But This P2E SHIB Derivative Rockets Past $1 Million In Presale

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The DOGS price plummeted 20% in the past week and 9% in the last 24 hours to trade at $0.0009975 as of 00:47 a.m. EST on trading volume that rose 9% to $496 million. The steep drop in the past week comes after the DOGS on-chain withdrawal was enabled, which allowed the last batch of investors to withdraw their airdrop allocations. DOGS Price Prediction: Can Dogs Rebound From The Current Bearish Trend? Since August 29, three days after its launch, the DOGS price has been on a sustained downtrend, as the bears took full control of the price. On September 2, the $0.0010550 support allowed the bulls to push the price of DOGS up to the $0.001174 before plunging back to the support zone. The price movements within this range formed a rounding top pattern, which the bears used to push the DOGS price down. DOGSUSD Chart Analysis (Source: GeckoTerminal ) On the DOGS/USD 1-hour chart, DOGS now trades below both the 50-day and 200-day Simple Moving Averages, affirming the downtre...

Bitcoin bulls stumble at $23.4K as Fed's 'disinflation' sparks BTC price rally

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Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000. Bitcoin (BTC) rebounded to key resistance into Feb. 8 as crypto markets got a boost from a familiar source. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell: "Disinflationary process" is here Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching the important $23,400 zone on Bitstamp overnight. The pair reacted positively to the latest comments from the United States Federal Reserve, these also serving to send equities higher during the Feb. 7 Wall Street trading session. Fed Chair Jerome Powell again mentioned “ disinflation ” during his appearance, reinforcing market hopes that interest rate hikes could cool more quickly in line with inflation . These stemmed from the latest meeting of the Federal Open Market Committee (FOMC) on Feb. 1, where the Fed raised rates by 0.25%. “The message that we were sending at th...