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On Saturday, Bitcoin continued to trade above $17,000 albeit flatly, after recapturing that price mark in late November. At press time,...
The Bitcoin price continues its choppy movement inside a descending triangle pattern. Furthermore, the price spread within this pattern has narrowed to the point where it is considered a no-trading zone. Thus, any new traders looking for an entry opportunity should wait for this triangle pattern breakout, as it will break the ongoing uncertainty in
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]