Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico
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Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead. Go to Source Powered by WPeMatico
Ethereum $1K price support in danger as Q2 comes to a close
The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Go to Source Powered by WPeMatico
Bitcoin holds $20K as ECB warns inflation may never return to pre-COVID lows
Markets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Go to Source Powered by WPeMatico
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. He added that he will buy more if the cryptocurrency recovers from that price level. Robert Kiyosaki on Bitcoin Testing $1,100 The author of Rich Dad Poor Dad, Robert Kiyosaki, has … Read more
Final Capitulation — 5 reasons why Bitcoin could bottom at $10,000
Bitcoin. The bottom. Are we there yet? Several higher timeframe metrics suggest BTC’s real bottom will be somewhere around $10,000. Go to Source Powered by WPeMatico
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon … Read more
Ethereum price breaks out as ‘bad news is good news’ for stocks
Ether has rebounded by nearly 40% in the last six days despite persistent “bull trap” risks Go to Source Powered by WPeMatico
Polygon price jumps 60% in four days amid ‘pretty big’ MATIC accumulation
MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout. Go to Source Powered by WPeMatico
On the brink of recession: Can Bitcoin survive its first global economic crisis?
Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis. Go to Source Powered by WPeMatico