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Bitcoin’s price holds $30,000 as investors’ euphoria over this week’s handful of BTC ETF applications diverts attention away from the SEC’s recent lawsuit against Binance and Coinbase.
Jim Cramer, the host of Mad Money on CNBC, believes bulls could have an advantage with the US Federal Reserve decision, set to be announced on Wednesd
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows.
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.
BTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price.