Blogs about "indicators" | Anycoin Direct

19 June 2023

Key indicators for Bitcoin and Crypto - June 19-23

The past trading week began with a decline in the crypto market and the Bitcoin price reached a new multi-month low at $24,750. There were liquidations of leveraged long bets, threatening to push the price below the important technical mark of $25,000. Later in the week, however, the Bitcoin price recovered and rose to around $26,500. What developments are important for the Bitcoin price this week?

22 May 2023

Key Indicators for Bitcoin and Crypto - Trading Week 20

As in the previous week, the price of Bitcoin (BTC) continues to consolidate in a downtrend. The cryptocurrency remains unable to benefit from rising prices on the US equity indices Nasdaq and S&P500. The Bitcoin price closed the trading week at just under $27k. What developments are important for the Bitcoin price this week?

15 May 2023

Key Indicators for Bitcoin and Crypto - Trading Week 19

The past trading week was mainly marked by price consolidations in both the stock and crypto markets. Bitcoin (BTC) corrected at its peak by about 10% to US$25,810, before staging a US$1,000 recovery. The BTC price ended the trading week below the relevant support zone of recent weeks at just under US$27,000. What developments are important for the Bitcoin price this week?

08 May 2023

Key Indicators for Bitcoin and Crypto - Trading Week 18

Good quarterly figures from Apple and strong U.S. labor market data led to a recovery in U.S. equity indices in the traditional financial market at the end of the week, which also benefited the crypto sector. However, the Bitcoin price once again failed to recapture the important $30,000 milestone. These developments are important for the Bitcoin price this week:

01 May 2023

Key Indicators for Bitcoin and Crypto - Trading Week 17

Bitcoin ended last trading month above $29,000, more than 2% above the previous week's close. What developments are important for Bitcoin this week.

24 April 2023

Key Indicators for Bitcoin and Crypto - Trading Week 16

Last week, we saw a price correction in the Bitcoin price and the rest of the crypto market followed suit. On a weekly basis, the Bitcoin price corrected by 11% to US$27,133 before stabilising. In fact, the second largest cryptocurrency, Ethereum (ETH), lost about 14% of its value. These developments are important for the Bitcoin price this week.

17 April 2023

Key Indicators for Bitcoin and Crypto - Trading Week 15

The crypto market has been very bullish in the new trading month of April so far. In the wake of much lower-than-expected inflation data in the US, the price of Bitcoin (BTC), along with a rising US stock market, continued the positive trend of recent weeks, reaching a new high for the year of $31,050. Can Bitcoin continue this trend?

03 April 2023

Key Indicators for Bitcoin and Crypto - Trading Week 14

The Bitcoin price made another sideways move last trading week and could not follow the rally of US stock indices What are the key indicators for the Bitcoin price this week?

27 March 2023

Key Indicators for Bitcoin and Crypto - Trading Week 13

In the past trading week, the cryptocurrency Bitcoin (BTC) made little progress. Despite ongoing problems in the banking sector, the US Federal Reserve Bank (Fed) raised interest rates again by 0.25% to 5.00% midweek. Although the BTC price briefly rose to a new high for the year of US$28,937, the gains were dispelled in the wake of another hawkish statement by Fed chairman Jerome Powell during the press conference. What are the key indicators for the Bitcoin price this week?

20 March 2023

Key Indicators for Bitcoin and Crypto - Trading Week 12

Despite the ongoing liquidity problems of several US banks, the takeover of major Swiss bank Credit Suisse by Swiss UBS Bank and the interest rate hike by the European Central Bank, the crypto world continues to react positively. Bitcoin is up more than 28% in a week to $28,478. Can Bitcoin maintain this momentum?

13 March 2023

Key Indicators for Bitcoin and Crypto - Trading Week 11

In trading week 11, investors can look forward to US inflation data on Tuesday. The following day on Wednesday, US producer prices and retail sales will be published. Next Thursday will be dominated by the European Central Bank's interest rate announcement and a day later the trading week will conclude with inflation data from Europe.

06 March 2023

Key Indicators for Bitcoin and Crypto - Trading Week 10

In trading week 10, investors can look forward to Fed Chairman Powell's speech on monetary policy. On Wednesday, jobs figures are presented from JOLT and on Thursday, Chinese inflation figures take center stage. The trading week concludes with U.S. unemployment figures on Friday.

27 February 2023

Key indicators for Bitcoin and Crypto - Trading Week 9

In trading week 9, investors can keep an eye on US consumer confidence. These figures will be announced on Tuesday. For the rest of the week, the ISM purchasing managers' indices for the US manufacturing and services sectors will be decisive. These figures will be announced on Wednesday and Friday.

20 February 2023

Key indicators for Bitcoin and Crypto - Trading Week 8

In one week, the Bitcoin price has risen from $21.5k to $25k. What developments are affecting the price of Bitcoin and the rest of the crypto market this week?

13 February 2023

Key indicators for Bitcoin and Crypto - Trading Week 7

This week you can look forward to the announcement of eurozone GDP, US CPI and relevant US economic data.