Bitcoin faces a soaring U.S. dollar with BTC price action focusing on $25,700.
“$BTC - unless we reclaim may low I still think lower,” popular trader TraderSZ told X subscribers on the day.BTC/USD annotated chart. Source: TraderSZ/X
Michaël van de Poppe, founder and CEO of trading firm Eight, flagged the 200-week exponential moving average at $25,670 as the key level to watch on weekly timeframes.BTC/USD 1-week chart with 200EMA. Source: TradingView Fellow trader and analyst Toni Ghinea was more categorical, eyeing $25,000 and lower next for Bitcoin, with altcoins also due to suffer.
“I said 25k will happen. I said that ALTS will make new lows. I'm now saying $BTC will nuke to 19-23k,” he“This move down is far from over. Ignore the ETF narrative. It's only used to manipulate the market. Soon it will be time to buy.” Ghinea referenced the ongoing battle to launch the United States’ first Bitcoin spot price exchange-traded fund, or ETF — a keyLooking beyond crypto markets, the U.S. dollar presented a compelling case for suppression across risk assets.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Push for $25 per hour minimum pay for health care workers comes to San Diego citiesThere is an effort in the state legislature to bring a $25 per hour minimum wage for health care facility employees and there is also a push to enact it in three San Diego County cities.
Lire la suite »
‘NYPD Blue’ Creator Steven Bochco’s Longtime Home Sells for Nearly $25 MillionThe producer, who died in 2018, hosted charity events attended by former presidents Barack Obama and Bill Clinton
Lire la suite »
Bitcoin (BTC) Price Analysis for September 4Has price of Bitcoin (BTC) found reversal zone yet?
Lire la suite »
Bitcoin bids move to lowest since March as BTC price dips under $25.7KBitcoin bid liquidity on Binance increases at the lowest BTC price point since March.
Lire la suite »
Here's the First Level of Support if $25K Fails to Hold BTC (Bitcoin Price Analysis)Bitcoin has been following a bearish price action over the last few weeks following the rejection from the critical $30K resistance level. Yet, there is
Lire la suite »