Unus Sed Leo News

Bitcoin shows strength as the market awaits today’s FOMC minutes and comments from Federal Reserve Chair Jerome Powell.

Bitcoin’s recovery near $85,000 shows solid buying at lower levels, signaling that the downside may be limited.

Bitcoin’s bounce off $76,606 is facing selling near $85,000, but there are early signs that the selling pressure could be reducing, and a bottom may be nearby.

Bitcoin and Ethereum are not part of the surprising list of five best and worst-performing cryptocurrencies for 2022.

Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip.

Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment.

Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.

Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.

Unus Sed Leo price technicals, however, suggest that the uptrend could correct in H2 2022.

More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe.

Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows.

A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins.

BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.

Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average.

Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move.