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Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term.On the other hand, significant growth in global M2 money supply strengthens the backdrop for a…
Key points:Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar.Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher.Bitcoin conforms to key Bollinger Bands levels, producing another fake breakdown this month.Bitco…
The Bitcoin price has been cooling off on low timeframes, while the altcoin markets take advantage to trend higher. The top cryptocurrency has been struggling as major holders take profit at BTC’s current level.At the time of writing, the Bitcoin price trades around $118,800 with a 2% gain over the …
Rising geopolitical tensions and global trade disputes are adding pressure to financial markets, and Bitcoin is also affected. The European Union’s latest retaliatory tariffs on U.S. goods could fuel market uncertainty and trigger a Bitcoin correction. At the time of this publication, Bitcoin traded…