With the Federal Reserve maintaining a hawkish stance and the risk of a U.S. recession remaining, the odds of a cryptocurrency bull run in 2023 are fading.
On-Chain Data Shows Bitcoin Holders Surrendered More Than Ever Over the Past Five Years
The Bitcoin Bollinger Band "squeeze" is not a definitive indicator of a breakout, according to its creator.
Fourth-consecutive 75bps increases pushed the largest cryptocurrency by market capitalization down only slightly.
Call the current crypto winter the accumulation season.
Bitcoin bulls and bears are now fighting. With options, data bulls are in a more favorable position, while bears got $35 million in liquidated futures positions
If prices stay this low, miners will face an impossible situation, which could lead to a sell-off and a macro bottom in BTC prices.
Tomorrow at 8:00 UTC, $1.14 billion worth of BTC will expire. Data from Coinglass shows that traders remain divided, with little difference between bullish and bearish.
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