BIT: BTC Needs to Break $83K to Confirm Bull Market; Beware of Violent Shakeouts Above Resistance
BIT warns that Bitcoin faces critical resistance at $81K-$84K, with $83K as the bull-market trigger. Profit-taking in crypto-linked equities and potential US stock corrections could create violent shakeouts, but also a strategic...
BIT Trading Hour: BTC Enters September Slump, Wintermute Bets on Range-Bound Action Ahead of FOMC
Bitcoin faces a pivotal test at $77,000 as September's seasonal weakness collides with macro headwinds. Wintermute's options positioning indicates range-bound trading into the FOMC, while oil and Treasury yields add pressure. The...
Bitcoin’s September Slump: Wintermute Bets on Range-Bound Trading Ahead of FOMC
Bitcoin faces a challenging September as global risk assets slump, with Wintermute positioning for range-bound trading ahead of the FOMC. Key support at $77,000 is under pressure, while rising oil prices and...
Bitcoin’s September Test: Key Moving Averages, Macro Clouds and the $83K Bull Confirmation Level
Bitcoin faces a pivotal September as it tests the 50-week moving average near $81K, with bulls needing a close above $83K to confirm strength and bears eyeing $77K support. Macro risks and...
No updates yet — follow the articles tab for now.