Analysts are getting more confident about BTC continuing to $33,000.
The pair saw no major retracement as it headed further into ground it originally lost in June 2022.
Now, market participants eyed the potential for bulls to capitalize on existing momentum with the help of positive macro trends. United States equities opened higher, with the S&P 500 and Nasdaq Composite Index both up 0.3% at the time of writing. “With stocks opening up hot, $BTC was able to maintain above the previous range high,” popular trader and analyst Josh RagerBTC/USD, S&P 500 charts. Source: Josh Rager/ Twitter
Others also considered the possibility of BTC/USD hitting $32,000 or more in the short term before taking a more pronounced time out.needs to dip to solidify ~$28800 as support before jumping to $33000
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeffries oversees $33 million in fundraising for first-quarter stint as House Democratic leader.RepJeffries has raised more than $33 million in fundraising during his first quarter as House minority leader. Jeffries credited the fundraising success with holding 'extreme MAGA Republicans accountable.'
Read more »
Large Bitcoin Investor Sent $330M of BTC to Exchange Before Price Dropped Below $30K: Blockchain DataThe bitcoin ‘whale’ sent $330 million to BitFinex on Wednesday after it had accumulated some $935 million of BTC at an average price of $20,000 between June and January, according to blockchain sleuth Lookonchain. sndr_krisztian reports
Read more »
Bitcoin Network Shows High Potential for BTC Price Surge: AnalystHere's big sign of a potential Bitcoin price spike, according to a popular analyst. $BTC ali_charts santimentfeed lookonchain
Read more »
Bitcoin derivatives data shows bulls positioning for further BTC price upsideThis week’s CPI and PPI report show U.S. inflation continuing to drop and even though investors are expecting a recession by 2024, Bitcoin price continues to press higher. noshitcoins explains.
Read more »
Bitcoin (BTC) May Be in for Short-Term Price Correction, Analyst WarnsPotential brief price correction looms for Bitcoin, crypto analysts believe. $BTC ali_charts CryptoMichNL adam3us
Read more »
Lark Davis Names Big Money Maker in Crypto – Not Bitcoin (BTC).TheCryptoLark shared his take on what will be the 'big money makers' in crypto for years to come. Bitcoin $BTC
Read more »