bear markets – DIGIT INFO

Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000

DIGIT — Fri, 24 Feb 2023 22:00:23 +0000

This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a key ingredient to force the U.S. Federal Reserve to pivot its stance […]

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After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market

DIGIT — Sun, 27 Nov 2022 00:00:40 +0000

On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which […]

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How HAL and Aldrin are helping to keep crypto assets secure during bear markets

DIGIT — Tue, 08 Mar 2022 21:30:00 +0000

Both firms say they allow traders to make real-time moves in responding to their risky crypto positions.

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78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets

DIGIT — Thu, 27 Jan 2022 17:30:21 +0000

The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted 78 days so […]

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Wall Street “Perma Bear” Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold

DIGIT — Wed, 27 Jan 2021 06:30:51 +0000

Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s likely to break hard and […]

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Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market

DIGIT — Tue, 08 Dec 2020 11:05:47 +0000

A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. Instead, as the data shows, BTC is […]

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