Bitcoin analysts call recent $93K dip the ‘last flush’ before the rush
Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction. Go to Source
Correction
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Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Go to Source
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market … Read more
Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run. Go to Source
Bitcoin’s transformation from risk asset to digital gold hints at new all-time highs
Bitcoin price is being driven higher by a new set of bullish catalysts. Go to Source
CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April. Go to Source Powered by WPeMatico
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst … Read more
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set … Read more
Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. Go to Source Powered by WPeMatico
Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
Bitcoin has fallen just 17% from ATH which makes this correction the shallowest of the year so far. Go to Source Powered by WPeMatico
