Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

MARKET WRAP: Bitcoin $BTC traded lower along with stocks, while oil prices spiked. Analysts expect cryptos will stabilize within two or three months.

Ten-year Treasury yield daily close: 1.75%

Typically, price ranges benefit short-term traders who enter positions at support and resistance levels, aiming to profit when the price returns to its midpoint. , indicating a high level of activity with buying or selling strength. Additionally, transaction activity on the Bitcoin blockchain confirms spikes in supply and demand at key technical levels."Crypto markets will need to see a period of stabilization in the next two or three months before a more sustainable recovery can get under way," David Duong, head of institutional research at Coinbase , wrote in a report.

."However, given the limited incoming fresh demand, this delicate balance can be disrupted by any significant degree of seller exhaustion, or conversely a re-invigoration of sellers."Fresh investment inflows into crypto funds tripled last week to the highest in almost three months, despite outflows from European products.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Don't miss this gem DBA

Check out DBA by DafriBankDigital DafriXchange AfriGoMall DBACash BSC

DBA is the only hope, get yours. DafriBank DafriXchange DafriGroup AfriGoMall..

DBA to the moon

DBA for the future. 🚀🔥🔥🔥 DBACash is making huge waves. Money on the bag DBACash DBA

It looks like oil prices will rise this week while crypto prices will fall. But things can change, of course.

I managed to turn R7 000 in to R53000 through DBATOKEN

DBA

Good to go DBA always the King 👑

DBA is the best crypto investment, don't ignore it.

DBA Token is at Dafrixchange Pro and also at Pancake swap

DBA Token available now on DafriXchange, more other exchange to come & get 30% DBACash DafriBank reward through affiliate initiative Crypto BUSDREWARDS 100xCoin BSCGEM BSC bnbusdt 100xgem BSCGems

I mean season for oil

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Following Turbulent Weekend of Trading – Market Updates Bitcoin NewsBitcoin and ETH consolidated on Monday, following recent declines in the world’s two largest cryptocurrencies. I barely trust people when it comes to online business, i gave it a try out and it was the best decision ever. Thanks sir LineVilton It real oxPOLYBONUS POLYGON SUPER 👑 Bonus tokens POLYGON oxPOLYBONUS
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks Support – Market Updates Bitcoin NewsBitcoin remained under the $40,000 level on Sunday, whilst ethereum hovered above its long-term support level. We meet again Our pre-sale has ended successfully. Our launch date is 06.03.2022, Sunday 18:00 UTC 🎉 cg and cmc agreements have been made. 💪💥😎 Metamoonft metamoonft web3 Metaverse NFTGiveaway BTC Binance I buy always BTC then $ELON DogelonMars
Source: BTCTN - 🏆 531. / 51 Read more »

Current Market Pattern Underpins One Of The Most Bullish Counts For Bitcoin Right NowAfter a week filled with turns and twists, Bitcoin is on the verge of pulling a major move after spending the last 48 or so hours ranging in pretty much the same zone.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Veteran Trader Peter Brandt Shares Unusual Bitcoin Chart Pattern That Reflects Current Market ConditionsSavvy trader Peter Brandt has pointed out an interesting chart pattern that could give us a hint about the current situation on the market
Source: Utoday_en - 🏆 295. / 63 Read more »

Market Watch: Bitcoin Dips Below $38K, Fantom (FTM) Tumbles 15% Following Andre Cronje's LeaveThe crypto market is in the red once again, with Fantom leading the adverse trend following a double-digit price drop. Yes due to the andre leaving :(
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday – Market Updates Bitcoin NewsFollowing a week-long winning streak, ANC fell on Sunday, as crypto bears entered the fray. This comes as WAVES climbed nearly 60% this week. It works oxPOLYBONUS POLYGON token perfectly 🍾💥 Airdrop MATIC oxPOLYBONUS Check out metaloop tech,great project with huge potential.Only 1.8m MC MLT Metaloop
Source: BTCTN - 🏆 531. / 51 Read more »