Litecoin ‘head fake’ rally? LTC price technicals hint at 65% crash
LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential “head fake” recovery. Go to Source Powered by WPeMatico
Inflation
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Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, … Read more
Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, and More — Week in Review
“The Price of Tomorrow” author Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. In other news, former FTX US president … Read more
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors a quarter-point benchmark rate increase at the … Read more
Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry
Reduced inflationary pressure fueled crypto investors’ appetite for risk markets, eliminating the possibility of bears profiting from the Jan. 20, $580 million Bitcoin options expiry. Go to Source Powered by WPeMatico
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
No change in central bank policy from Japan causes ruffled feathers on forex markets, but Bitcoin remains tied to a trading zone near two-month highs. Go to Source Powered by WPeMatico
Bitcoin could see $25K by March 2023 as U.S. dollar prints ‘death cross’ — analysis
Bitcoin’s price recovery in 2023 has witnessed minimal institutional buying, casting doubt on whether BTC will rally beyond $25,000. Go to Source Powered by WPeMatico
BTC price cancels FTX losses — 5 things to know in Bitcoin this week
The ghost of FTX haunts the crypto industry, but Bitcoin is attempting to leave it behind as BTC price gains endure. Go to Source Powered by WPeMatico
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion. Go to Source Powered by WPeMatico
Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance
BTC price action returns to consolidate on the U.S. CPI release, with Bitcoin firmly undecided on short-term direction. Go to Source Powered by WPeMatico