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The stats are working against bitcoin bulls today

Bitcoin futures followed their seasonal tendency to rally on Thanksgiving Day. And pattern is to hold true today, it could be set for a down day as we veer into the weekend.

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Bitcoin, Gold Analysis: Ceasefire, Holidays, and US Data

Bitcoin, Gold Analysis: Ceasefire agreements are transitioning from speculation to reality ahead of the holiday season and Trump’s upcoming term. Gold’s rally has stalled below the $2,700 mark as haven demand wanes, while Bitcoin has retreated slightly below the psychological $100,000 level.

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Trump Bump Price Action Setups: Gold, Bitcoin, EUR/USD, SPX

It’s been a fast-evolving market since the Presidential election three weeks ago. But stocks remain higher, Bitcoin has put in a major move and gold is on its back foot.

Will Bitcoin $100K Be a Profit-Taking Magnet?

Bitcoin probes the key $100K level – will that be a profit-taking area or mere stepping stone on the way to $120K+?

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Market Wrap: Bitcoin Nears $100K, Gold and Crude Oil Stay Bullish

Welcome to Friday! Bitcoin inches closer to $100K, with spot and futures markets hitting record highs. Gold breaks above its 50DMA, bolstering bullish picture, while crude oil builds momentum despite lighter volumes. ASX 200 futures remain a buy-on-dips play, edging closer to record highs. EUR/USD stays under pressure, hitting fresh 2024 lows.

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Bitcoin Still the Big Election Winner, BTC/USD Fresh ATH as 100k Nears

The headlines around Bitcoin are already talking about the 100k level but first, bulls need to push above and gain acceptance at the 95k level.

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November 20, 2024 04:06 PM

Bitcoin Pauses as Fed Mulls a December Pause – Cryptoasset Weekly Update (November 17, 2024)

Bitcoin is showing signs of fading bullish momentum, hinting at pullback potential before another leg higher.

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Bitcoin Forecast: Is the Rally Losing its Steam?

Bitcoin Forecast: After the DXY pulled back from the 107-mark, Bitcoin retraced to the 86,000 level, reflecting a slight cooling in Trump-driven market momentum. Is the 100,000 mark still within reach?

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Bitcoin bulls stop to admire the view on their way to $100k

Bitcoin futures reached a record high of $94,065 on Wednesday, just $6k shy of the elusive $100k target that has been touted for what could be over a decade.

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November 15, 2024 02:06 AM
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Bitcoin Soars Past Silver in Value – Is the Trump Effect Just Beginning?

Following the 2024 U.S. presidential election, Bitcoin reached a record high of $93,163. Over $3.2 billion flowed into the top 10 Bitcoin ETFs, bringing Bitcoin's market valuation to $1.752 trillion—surpassing silver’s $1.72 trillion and making it the eighth largest asset globally. Here's what's driving it.

Bitcoin Blasts Off, FOMO Drive Takes out 90k and Runs Towards 100

Bitcoin is the big winner from the election of US President Donald Trump and with a crypto-friendly administration set to take over, FOMO has driven a massive breakout in BTC/USD.

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EURUSD, Bitcoin Forecast: Dollar's Bull Run and Crypto's Deregulations

EURUSD, Bitcoin Forecast: With Republicans in the lead, the dollar’s bull run and growing speculation around a deregulated crypto market are pushing Bitcoin toward the 100,000-checkpoint while pressuring EURUSD to 7-month lows.

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November 12, 2024 08:47 AM
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EUR/USD, GBP/USD, USD/JPY, Gold, Oil, Bitcoin, Weekly Technical Outlook

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly open.

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Bitcoin tops 80k as Republicans inch closer to a red wave

The Republican party is just 4 votes shy of the 218 required to take the house for a clean sweep. And that saw bitcoin futures top 80k with a $750 opening gap to kick off the week.