BTC rallied overnight and is now oscillating in the 58000–59000 range.

According to data from Huobi Global, BTC rallied overnight, currently located near 58000–59000 oscillation, the pressure above is strong. ema5 up through ema10, ema20, forming a golden cross, bollinger band opening slightly expanded, the volume has fallen back, the…

BTC rallied slowly overnight, with stronger support below 56000.

According to data from Huobi Global, BTC has slowly recovered overnight and is currently sitting near 58000 with strong pressure above. From the 4h line, EMA5 twisted upwards and the Bollinger band opening narrowed slightly. Volume has fallen after rising overnight…

Bitcoin price movements during the last Round of Federal Reserve Taper Taper periods (2013–2014)

Abstract:On November 4,as the Federal Reserve FOMC announced the launch of Taper after the meeting, the turning point of global liquidity growth has arrived. Taper means a diminishing marginal dollar liquidity,it may affect the price of Bitcoin. In addition, under normal circumstances, after the end of Taper, interest rate hikes…

This incident intensively reflects some essential contradictions in the current crypto world: Although the crypto world has repeatedly touted itself as “decentralized”, CEX stored most of users’ assets in a centralized way. Users have no real control over their own assets. …

BTC rallied slowly overnight, with stronger pressure above at 57800.

According to data from Huobi Global, BTC has slowly recovered overnight and is currently oscillating in the 55500–58000 range with strong pressure above. From the 4h line, the EMA5 twisted upwards and the Bollinger band opening expanded slightly. Volume has…

BTC continued its downward movement and was briefly supported at the 56000.

According to data from Huobi Global, BTC has continued to move lower overnight and is currently sitting near 56,500, with brief support around 56,000. From a 4-hourly perspective, the averages are arranged short and the Bollinger band opening…

BTC continues its downward spiral, falling below 57,000.

According to data from Huobi Global, BTC continued to move downward overnight, falling below the short-term support level of 57000. From the 4-hour line, the downward trend has continued for a longer period of time, the current downward speed has slightly slowed…

BTC slowly recovering, look for support around 60,000.

According to data from Huobi Global, BTC has been slowly rising in the morning and is now expected to stabilize at 60,000. from the 4-hour line, EMA5 twisted upwards and has a tendency to penetrate EMA10, and all indicators now indicate that…

BTC down with volume increasing, look for support below 60,000.

According to data from Huobi Global, BTC fell with volume increasing during the day, falling below 60,000 in the evening. All EMAs steeply downward, Bollinger band opening significantly expanded, the current indicators are indicating a high bearish sentiment in the…

Abstract:

First batch of U.S. “nominal” Bitcoin ETFs, BITO and BTF, finally launched in October 2021. The market has set off a craze, leading CME Bitcoin Futures open interest to rise 49% and reaching historical high of $5.45 billion in net worth. Till Nov.2, BITO (ProShares) has achieved an exposure value…

Huobi Research

Blockchain industry top think tank, affiliated to Huobi Group.@Huobi Global

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