Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in. The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq Composite have declined for three quarters in a row, a first since 2009. There was no respite in selling in September and the Dow Jones Industrial Average is on track to record its worst September since 2002. These…
Tag: Analysis
Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions. Russian authorities are quite unlikely to approve the use of cryptocurrencies like Bitcoin (BTC) for cross-border transactions, according to local lawyers and fintech executives. Bank of Russia needs to control cross-border transactions It’s “highly questionable” that Russia would allow usage of Bitcoin or any other similar cryptocurrency for cross-border payments because such assets are “hard to control,” according to Elena Klyuchareva, the senior…
ETHEREUM TO $2,200 IN SEPTEMBER 🌝 👀 TETHER BAN USERS! BITCOIN PRICE ANALYSIS & CRYPTO NEWS
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM CAN CHARGE TO $2,200 WITHIN WEEKS IF IT BREAKS THIS KEY RESISTANCE! Ethereum Merge price Analysis IN DEPTH! Tether USDT ban Over 700 users taking $400m offline! As a professional Crypto Trader Please do not copy what i do unless you are also a Professional | Bitcoin Halving News | I just took a new #Bitcoin Trade To learn Todays Crypto News & Trading Analysis & How to trade, subscribe to my channel!! GET $100 FREE FOR JUST MAKING AN ACCOUNT!…
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week. The S&P 500 index has declined about 5% this week while the Nasdaq Composite is down more than 5.5%. Investors fear that the Federal Reserve’s aggressive rate hikes could cause an economic downturn. The yield curve between the two-year and 10-year Treasury notes, which is watched closely by analysts for predicting a recession, has inverted the most since the year 2000. …
Zcash Sheds 14% Last Week, But Analysis Reveals Buying Opportunity
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past few days. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC’s RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a hint of a downtrend. Now, will the bulls pull it off and haul the price back to $66? Zcash Fibonacci retracement levels have hovered up from $55 to $92.6, showing an 83.4% retracement level, which…
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices. The World Bank has warned of a possible global recession in 2023. In a press release on Sept. 15, the bank said that the current pace of rate hikes and policy decisions is unlikely to be enough to bring inflation down to pre-pandemic levels. Ray Dalio, the billionaire founder of Bridgewater Associates said in a blog post on Sept. 13 that if rates were to rise to about…
Bitcoin Price Has Strong Potential To Hit $25,000, Weekly Analysis Suggests
Recently, the market has seen a strong correction due to the Bitcoin price bull run of the past several days. On December 7, 2020, the price hit a low of $19,030.09, which is considered to be a new all-time low. However, the appearance of a double bottom pattern has led to an optimistic outlook on this correction. Bitcoin can rebound, as is now more evident. Obviously, there will be some challenges along the way. The Bitcoin price present momentum is one of the cryptocurrency’s major challenges. The current momentum is…
HOW MUCH LOWER? – BITCOIN BTC COIN TECHNICAL ANALYSIS AND PREDICTION FOR AUGUST 2022
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Why Is The Crypto Market Crashing? | Coffee & Crypto
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On coffee with Crypto, we decode how stock and crypto markets could be correlated. Central Board of Direct Taxes (CBDT) has issued guidelines with respect to the new Section 194S which will be effective from 1st July, 2022. Meanwhile Vikas Khanna, ‘Michelin Star Chef & Author,’ shares more on his book ‘Sacred foods of India,’ priced at 50 thousand dollars as an NFT version. The absolute latest on cryptocurrency on our new, special site In partnership with @CoinSwitch Kuber Download CoinSwitch Kuber…
Crypto Technical Analysis August 22, 2022: Ethereum (ETHBTC)
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Ethereum ahead of the upcoming Merge using the ETHBTC monthly chart. Specifically, this episode looks at the Ethereum versus Bitcoin trading pair using the Parabolic SAR, Ichimoku Cloud, and much more. Take a look at the video below. VIDEO: Ethereum Versus Bitcoin Analysis (ETHBTC): August 23, 2022 Looking at Ethereum’s monthly chart, after a clear violation of the last uptrend ending in 2017, Ethereum entered a bear market against Bitcoin –– yet was able to build a…