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CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

[Jul 12, 2023 7:02 AM] The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited…

Bitcoin And Crypto Investors Must Monitor The DXY: 6x Rally Ahead?

[Jul 11, 2023 11:00 AM] The Bitcoin and crypto prices are influenced by a complex web of factors and intertwined indicators. One such influential force is the U.S. Dollar Index (DXY), which has gained prominence as a vital gauge for Bitcoin and crypto investors. Over the…

Bitcoin At Mid-Cycle Point: Historical Pattern Repeating Itself?

[Jul 11, 2023 2:50 AM] Bitcoin has reached a critical juncture in its current market cycle, according to a recent analysis conducted by on-chain analytics firm Glassnode. The data reveals striking similarities to historical patterns, raising questions about the potential…

Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K

[Jul 10, 2023 9:20 PM] Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term. Bitcoin is showing a few positive signs above the $30,000 support zone. The price is trading above $30,200…

Bitcoin NVT Golden Cross Says BTC Is Overpriced, Decline Soon?

[Jul 10, 2023 11:00 AM] On-chain data shows the Bitcoin NVT Golden Cross has neared the overvalued zone recently, a sign that a drawdown could be coming. Related Reading: XRP FUD Spikes, Will This Trigger A Price Reversal? Bitcoin NVT Golden Cross Is Near…