Kevin Lopez
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.
Traders are unsure if ETH will be able to hold the $1,200 level as the S&P 500 is fast approaching the key 3,900 support level and ETH derivatives data points to further losses.
Bitcoin got a boost from a falling dollar, but BTC price action is far from directly bullish, analysts say.
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.
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.
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