Daily Archive: Tuesday, October 25, 2022

Bitcoin price crosses $20K as daily crypto short liquidations pass $400M

Bitcoin (BTC) spiked above $20,000 on Oct. 25 as risk assets benefited from new U.S. dollar weakness. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin taps three-week highs The move came in tandem with rising United States equities, these in turn buoyed by a declining U.S. dollar, which lost traction against major trading partner currencies …

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Bitcoin ‘6–8 weeks’ from Breakout ?

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. …

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