Bitcoin Reclaims $30K Territory After Recent Weeks’ Struggle – Analysts Weigh In

bitcoin-reclaims-$30k-territory-after-recent-weeks’-struggle-–-analysts-weigh-in

Bitcoin recorded a significant positive divergence early Monday, following seven days of trading below $30,000. The crypto is trading at $30,536.93 at press time, a decrease of 2.5 percent from the previous week, according to Coingecko data. In the preceding 24 hours, the worldwide cryptocurrency market capitalization increased by almost 2 percent, reaching nearly $1.3 trillion. However, the … Read more

Yield Curves, Inversion, The Eurodollar And Bitcoin

yield-curves,-inversion,-the-eurodollar-and-bitcoin

With indications of inflation appearing on the horizon, how can bitcoin serve as a safeguard against the impact? What is the yield curve? What does it mean when it’s inverted? What is yield curve control (YCC)? And how does the eurodollar fit into all this? Inspirational Tweet: Link to tweet thread. As Lyn Alden explains … Read more

Aave price risks a 25% plunge as a classic bearish reversal pattern emerges

aave-price-risks-a-25%-plunge-as-a-classic-bearish-reversal-pattern-emerges

A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off. Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of a classic bearish reversal pattern. Is AAVE headed to $70? Dubbed … Read more

Current Bitcoin Price Action: A Macro View

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Risk assets continue to face a challenging environment as Federal Reserve officials take incremental actions to tighten financial conditions. Darius Dale is the Founder and CEO of 42 Macro, an investment research firm that aims to disrupt the financial services industry by democratizing institutional-grade macro risk management processes. Key Takeaways Short-Term (less than one month): … Read more

Bitcoin Price Falls Below $30,000 With Unexpected 8.3% Inflation Report

bitcoin-price-falls-below-$30,000-with-unexpected-8.3%-inflation-report

CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support. U.S. inflation maintains a near 40-year high with a 8.3% CPI increase. Bitcoin has fallen below its $30,000 line of support as inflation exceeds expectations. Fuel prices show the highest 12-month adjusted inflation … Read more

How long will the crypto bear market last? Raoul Pal’s macro analysis

how-long-will-the-crypto-bear-market-last?-raoul-pal’s-macro-analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy … Read more