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Bitcoin slips as Trump fails to get poll boost after presidential debate – Crypto News

Bitcoin rebounds before coming under pressure again Harris seen as winner of first presidential debate with pro-crypto Trump Unconvincing recovery in equities doesn’t help sentiment for cryptos Bitcoin’s rebound runs into trouble Bitcoin and other major cryptos have bounced back from their late August-early September slide, but lingering anxiety in the markets about a slowing US economy is limiting the upside, while the country’s looming presidential election is also keepi
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Cryptos’ short-term outlook rests on the Fed – Crypto News

Cryptos trade lower due to overall negative market sentiment Spot ETFs outflow confirm investors’ lower appetite Cryptos desperately looking for new bullish catalysts Ethereum a tad above some key support levels Cryptocurrencies remain under pressure The cryptocurrency world remains under severe pressure with bitcoin repeatedly failing to climb above the $60k area.
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Technical Analysis – Bitcoin slides and hits the 56,200 support

Bitcoin has been declining since August 26 The bigger picture points to a broadening formation Oscillators imply further declines within the pattern BTCUSD has been sliding lately, after hitting resistance near the 64,700 zone on August 24 and 26. The crypto king dropped below the key support (now turned into resistance) zone of 61,600 and found support slightly below 56,200 yesterday.
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Bitcoin trades in rollercoaster manner, returns below $60,000 – Crypto News

Expectations of lower Fed rates benefit bitcoin Crypto-friend Kennedy endorses Donald Trump But speculation of potential major sale weigh   Fed’s Powell sounds more dovish than expected Bitcoin rallied around 5% on Friday after Fed Chair Powell appeared more dovish than expected at the Jackson Hole Economic Symposium, perhaps receiving extra support after Robert F.

Bitcoin holds above $60,000 ahead of Jackson Hole – Crypto News

Bitcoin recoups some losses as risk sentiment rebounds But cryptos fail to erase latest slump, lagging against stocks Absence of new catalysts shifts attention to presidential race   Bitcoin at a crucial level ahead of Jackson Hole Bitcoin is down more than 9% this month, lagging almost against every major asset class. In early August, cryptocurrencies plummeted amid a broader selloff in risk sensitive assets, after the July downbeat NFP report triggered concerns over the health
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Technical Analysis – BTCUSD completes death cross

BTCUSD trades sideways in the past few sessions Sentiment deteriorates after multiple rejections at 50-day SMA Momentum indicators are skewed to the downside BTCUSD (Bitcoin) has been losing ground in August, experiencing a strong selloff on the back of a downbeat July NFP report. In contrast to stocks, Bitcoin has failed to recover notable ground as the 50-day simple moving average (SMA) has repeatedly repelled any upside attempts.
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Bitcoin stages comeback after sharp selloff – Crypto News

Bitcoin took a hit by a wave of risk aversion in markets But it quickly bounced back as traders bought the dip Ethereum completes death cross on the daily chart   Bitcoin recoups losses Cryptocurrencies plummeted on the back of a broader selloff in risk sensitive assets, triggered by concerns over the health of the US economy after the latest downbeat NFP report.
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Bitcoin retreats as traders unwind Trump trade – Crypto News

Bitcoin slips after failing to claim the 70,000 psychological mark Probably due to profit taking as markets clip odds of a Trump win Crypto correlation with stocks remains relatively low   Bitcoin under pressure Bitcoin has been on a slippery slope this week after touching the $70,000 psychological mark, on Monday, for the first time since June 7. Much of this weakness is attributed to the risk off sentiment observed in markets, but it is certainly more than that.
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Technical Analysis – BTCUSD retreats from 1-month high

BTCUSD pulls back after touching the 70,000 mark The bears eye the 50-day SMA as next crucial target Momentum indicators are skewed to the downside BTCUSD (Bitcoin) had a very strong July, with the price reaching the 70,000 psychological mark for the first time in more than a month. Since then, it has been experiencing a downside correction, which is on track to test the 50-day simple moving average (SMA).
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Bitcoin displays high volatility as correlation with stocks frays – Crypto News

Bitcoin rises on Friday in an overall volatile week Correlation between cryptos and tech stocks weakens Ethereum fails to capitalise on spot Ether ETF launch   Crypto market floods with fresh catalysts Bitcoin has exhibited some wild swings lately, while its traditional strong correlation with other risk-sensitive assets has ebbed significantly.
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Technical Analysis – ETHUSD trades flat after ETF debut

ETHUSD has been rangebound in the past few sessions Spot ETF launch did not trigger much volatility Momentum indicators remain positively tilted ETHUSD (Ethereum) has experienced a strong rally in July, breaking above its 50-day simple moving average (SMA). However, the leading altcoin has been trading sideways for more than a week now, even though the short-term oscillators have been hovering deep in their positive zones.
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Trump’s crypto U-turn sends Bitcoin flying above $60,000 – Crypto News

Trump trade becomes a new tailwind for cryptocurrencies Bitcoin surges to one-month high, briefly surpassing $66,000 But is this a temporary boost, as bias turns neutral again? An unexpected turn With the US presidential campaign now well underway, it was only a matter of time before election fever would hit cryptocurrencies.  Many traders now see a victory for Donald Trump at the November election as a foregone conclusion.

Technical Analysis – BTCUSD reclaims 50-day SMA

BTCUSD jumps to a fresh 1-month high The break above 50-day SMA improves technical outlook Momentum indicators are heavily tilted to the bullish side BTCUSD (Bitcoin) has come under significant buying pressure in the past few sessions, surpassing both its 50- and 200-day simple moving averages (SMAs). On Wednesday, the price stormed to a fresh one-month high a tad above the 66,000 handle before paring some gains.

Bitcoin decouples from stocks amid supply overabundance – Crypto News

Bitcoin struggles as governments and Mt. Gox clients offload coins Ethereum under pressure after ETF launch is delayed Bitcoin’s correlation with tech stocks ebbs, weaker dollar aids   Supply overhang rattles Bitcoin The crypto market has not been in its best shape lately, with Bitcoin shedding a significant part of its 2024 rally and falling below its 200-day simple moving average (SMA) for the first time since October 2023. Clearly, there has been a supply-demand imbalance

Technical Analysis – BTCUSD is held down by 200-day SMA

BTCUSD dropped to a fresh 4-month low last week Attempts for recovery hit a wall at 200-day SMA Oscillators improve slightly, but still negatively tilted BTCUSD (Bitcoin) has been experiencing a strong selloff since the beginning of June, retreating to its lowest level since February 27. Although the price managed to find its feet and attempted to recoup some losses, the 200-day simple moving average (SMA) has been acting as an impenetrable ceiling.

Bitcoin plummets to a 4-month low, diverging from stocks – Crypto News

Bitcoin collapses to its lowest level since February 27 Stocks hit new highs, depicting waning correlation with cryptos Selling of Mt Gox refunds and government-seized coins persists   Cryptos diverge from stocks Bitcoin has been on a slippery slope in the past four sessions, dropping from $63,220 to a fresh four-month low of $53,520, on Friday.

Technical Analysis – BTCUSD battles with 200-day SMA

BTCUSD drops to a fresh 2-month low Currently tests the crucial 200-day SMA Momentum indicators hover near oversold territories BTCUSD (Bitcoin) has been experiencing a extensive selloff since the beginning of June, forming a series of fresh lows. Despite a minor rebound last week, the price’s decline has accelerated in the past couple of sessions, with the bears challenging the 200-day simple moving average (SMA) on Thursday.

Bitcoin consolidates around $60,000 as selloff cools – Crypto News

Bitcoin dips to lowest level since May 3 before paring losses Cryptos’ correlation with equities has weakened lately Ethereum and Solana boosted by ETF speculation Bitcoin under selling pressure The crypto market is clearly not in its best shape lately, with Bitcoin shedding a significant part of its 2024 rally and temporarily breaking below the $60,000 psychological mark to a more than one-month low.

Technical Analysis – BTCUSD bounces off 1-month low

BTCUSD drops to its lowest level since May 2 Despite initial rebound, price remains under selling pressure Momentum indicators hover near oversold territory BTCUSD (Bitcoin) has been experiencing a vast selloff since the beginning of June, temporarily breaking below the 60,000 psychological mark. Although the price managed to halt its retreat just shy of the 200-day simple moving average (SMA), the bears continue to hold the upper hand.

Bitcoin falls to 1-month low, diverging from stocks – Crypto News

Bitcoin drops to its lowest level since May 15 Cryptos’correlation with equities has weakened lately On Thursday,spot Bitcoin ETF debuted in Australia   Bitcoin slides below $65,000 Cryptocurrencies have come under selling pressure in the past month, with Bitcoin dropping to a fresh one-month bottom on Friday. The prospect of interest rates remaining higher for longer after the Fed’s latest dot-plot indicated one rate cut for the year has applied upward pressure both on the



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