Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns.
Bitcoin sought to flip $62,000 to support on Sept. 19 as markets digested a rare 0.5% interest rate cut by the United States Federal Reserve.
BTC/USD 4-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView followed continued Bitcoin (BTC) price strength during the Asia trading session.
Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years.
Bitcoin (BTC) dipped at the Sept. 18 Wall Street open as crypto markets anticipated the United States Federal Reserve interest rate decision.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed a 1% BTC price drop accompanying the start of the US trading session.
Bitcoin stands to enjoy a return to its strongest bull market performance thanks to a perfect storm of macroeconomic shifts and standard cycle timing, Capriole Investments predicts.
Bitcoin (BTC) should regain $64,000 “very quickly” as the United States Federal Reserve lowers interest rates.
In its latest monthly update report on Sept. 17, quantitative Bitcoin and digital asset fund Capriole Investments said that BTC price action was at a key crossroads.
Bitcoin stands to benefit exponentially from macroeconomic shifts into Q4, itself the market’s best quarter, Capriole Investments founder Charles Edwards says.
Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun.
Bitcoin (BTC) price is trading 16% above the local low of $52,546 reached on Sept. 6, leading analysts to believe that this reversal could be the start of a path to new all-time highs.
“Bitcoin’s Local structure turned back to bullish here, after closing higher than the previous September high, and locking in a higher low as well,” independent Bitcoin analyst Jelle said in a Sept. 17 post on X.
Jelle was referring to Bitcoin’s recent high at $60,670 set on Sept. 13, which was higher than the Sept. 3 high of $59,830. According to the analyst, this setup suggests that the market is strong enough to overcome the resistance at $65,000 and later confront supplier congestion at all-time high.
Bitcoin optimism is increasing as charts flag a turnaround which hinges on BTC price strength holding the $60,000 zone.
Bitcoin (BTC) is quickly flipping traders bullish as BTC price action continues to hold $60,000.
Up 9% week-to-date as of Sept. 15, BTC/USD is primed for “bullish momentum,” the latest analysis says.
Bitcoin price indicators form the pretext for fresh BTC price optimism on short timeframes this week.
Bitcoin’s weekly close above a key support level is “good news,” according to traders, and the day’s rally to $57,500 could be a sign that the bottom is in.
Bitcoin (BTC) price edged above $57,500 on Sept. 9 as markets sprang back from an “exaggerated” reaction to August’s payroll report.
Data from Cointelegraph Markets Pro and TradingView showed Bitcoin price action recording gains roughly 8.3% above the week’s $52,546 lows.
BTC/USD daily chart. Source: TradingView
BTC price is due some "final corrections" before going on a bull run lasting at least two years, says crypto entrepreneur Michaël van de Poppe.
Bitcoin (BTC) is due some “final corrections” before spending the next two years on a bull run, bold new analysis predicts.
In his latest X content, trader, analyst and entrepreneur Michaël van de Poppe eyed $53,000 as the next BTC price dip target.
Few Bitcoin market observers are willing to go on record to call the end of six months of BTC price consolidation.
Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term.
Bitcoin (BTC) price is trading 10% above the eight-month low of $49,577, reached on Aug. 5 and traders fear new lows under $52,000 could occur before a reversal takes place.
BTC/USD daily chart. Source: TradingView
On Sept. 6, Bitcoin extended the correction, dropping more than 5.9% from a high of 56,984 to reach an intra-day low of 53,613.
Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release.
Bitcoin (BTC) briefly snapped higher before the Sept. 6 Wall Street open as United States employment data failed to meet expectations.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action targeting $57,000 before fully retracing after the US trading session began.
New one-month lows followed, these reaching $54,919 on Bitstamp.
Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week’s final US jobs data.
Bitcoin (BTC) tagged $57,000 at the Sept. 5 Wall Street open as United States equities gained on macroeconomic data prints.
BTC/USD 1-hr candle chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed a BTC price action briefly reversing a slide that had begun after the prior daily close.
