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  • Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.

A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’

Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.

Bitcoin price corrects after hitting a wall at a multi-month descending trendline

“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline.

Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support.

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market.

Bitcoin nears worst monthly losses since 2011 with BTC price at $19K

Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000.

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