Category: Consolidates

  • Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge

    Bitcoin price rose and tested the $66,500 area. BTC is now consolidating gains and may attempt another surge towards $67,500. Bitcoin started the consolidation phase from the $66,500 resistance area. The price is trading above $65,000 and the 100 hourly simple moving average. There is a major uptrend line forming…

  • Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)

    The cryptocurrency market has calmed down significantly over the past 24 hours, halting the downward attack and finding some consolidation in the process. Bitcoin is trading at around $61,000 on Sunday morning, while Ethereum is now firmly below the $3,000 pivot level. Are the Bitcoin bulls regrouping? like CryptoPotato As…

  • Treasury yields rise after US 10-year auction. Chart consolidates

    Treasury yields rise after US 10-year auction. Chart consolidates

    US 10-year returns Where do 10-year returns belong? In the past year, they have traded from 3.7% to 5.0% as the market faces questions about future inflation and interest rates. The midpoint of this range is 4.35%, which is just below 4.49% currently. Yields rose 2 basis points today after…