6 articles
Bitcoin NewsThe Bitcoin jobs report print of +29,000 sent BTC to $87,220, then it slid to $85,018 by 16:42 UTC as longs got flushed. See the data, levels and odds.
Bitcoin NewsBitcoin pulled back about $4,500 from its $87,396 breakout high while the 10-year Treasury yield hit its highest since 2007. Here are the levels that decide what comes next.
Bitcoin NewsBitcoin barely reacted to the Fed's quarter-point hike, then jumped 5.9% to about $80,800 as $470.55M of shorts were liquidated. ETF flows and JPMorgan's hedge-unwind note explain why.
Bitcoin NewsBTC's 50-day and 200-day moving averages just crossed. An independent check of the last four times this happened shows a 3-13% pullback came first, three out of four times.
Bitcoin NewsA Fed governor's comments on disinflation sent bitcoin from $77K past $82K in hours, liquidating $458M in short bets and flipping sentiment back to Greed.
Bitcoin NewsBitcoin's April 23 rally erased $1.19B in shorts as open interest surged to $28B, exposing a derivatives-led move with no dominant spot demand backing it.