Bitcoin’s Key Metric Points To Crucial Support Levels In Case Of A Pullback

Quick Summary:

With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels.

However, due to the volatile nature of crypto assets, the flagship asset’s recent uptrend might experience a brief drawback before resuming its upward direction.

Also, optimism is rising about additional Fed rate cuts as US inflation reports show cooling inflation, which would immediately support the crypto cryptocurrencies.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: BTCUSDT Bitcoin News Donald Trump Bitcoin Short-Term Holders Btcusd Alphractal Bitcoin Long-Term Holders Fed rate cuts US inflation Fibonacci Level FOMC meeting LTH Btc Bitcoin Santiment STH Bitcoin Alpha Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 22:00:34 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25225138

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 18 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions