BTCUSD (Coinbase) Bitcoin continued to trade range-bound last week and after a decent jump to $99k, it reversed course on news that ByBit was hacked and lost $1.5 billion. The price didn’t face heavy pressure because most of the stolen crypto was in altcoins. However, such events are negative for
Weekly Crypto Analysis by Crypto Frontline
BTCUSD (Coinbase) Bitcoin volatility dropped last week, given the price has traded inside a narrow range. There seem to be strong offers around $98,600 and bids at $95,000, so far keeping the market contained. At some point, the range will break and when that happens, we expect volatility to pick
BTCUSD (Coinbase) Last week’s performance confirmed that Bitcoin is not immune to trade war escalations. When stocks plunge, crypto follows the same path, so traders should be updated with all the latest headlines. Speaking of technicals, BTC is stuck below a bearish trend line and continues to trade below $100k.
BTCUSD (Coinbase) February starts with a bang since BTC valuations are already under pressure following trade war concerns. The US imposed tariffs on Canada, Mexico and China, a move that could push the US Dollar and yields up once financial markets open tomorrow. This is not a favorable environment for
BTCUSD (Coinbase) This week starts with negative sentiment since Bitcoin is seen down almost 4% today. After an initial pop following Trump’s inauguration, the market took on a sell-the-fact path, unable to touch the $110k resistance we discussed a week ago. BTC is breaking lower, currently testing the 200 SMA
BTCUSD (Coinbase) Bitcoin managed to stage an impressive rebound during the last week, on the back of softer US inflation data. Lately, the market has been energized by the new crypto-friendly administration in the White House. Since BTC just broke above the December 2024 highs, our next upside target is
BTCUSD (Coinbase) The new year is not unfolding as most people expected. Bitcoin is under pressure and the main reason deals with a strong USD and higher yields. This is dampening global liquidity and thus risk assets take a beating. At the time of writing, BTC is hovering around Jan.
BTCUSD (Coinbase) We’re back with the 1st weekly analysis for 2025 and Bitcoin behaved as expected during the holiday. In our last article, the assumption was that the price would continue to trade in between $90k and $100k, so that materialized. The chart above shows how BTC is consolidating inside
BTCUSD (Coinbase) We’re back with the last weekly crypto analysis for 2024. Bitcoin had a wild run last week after a hawkish FOMC tumbled all financial markets. The price is now trading below the $100k mark and also below the 200 SMA on the 4h chart. At the time of
BTCUSD (Coinbase) Bitcoin is slowly grinding higher and recently managed to reach a new ATH little above $106k. We are now seeing the price consolidating lower on the 4h chart, suggesting the market is unable to sustain the momentum. It’s the last full week of trading for 2024 and so
