Bitcoin Back Below $30,000 After A Record 8 Weeks In The Red

bitcoin-back-below-$30,000-after-a-record-8-weeks-in-the-red

Bitcoin decoupled from equity markets to the downside on Monday after ending last week as the eighth consecutive weekly loss. Bitcoin has failed to hold the $30,000 level on Monday after scoring its eighth consecutive week in the red for the first time ever. During these eight weeks, which began in late March and ended … Read more

Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?

ethereum-preparing-a-‘bear-trap’-ahead-of-the-merge-— eth-price-to-$4k-next?

An ascending triangle setup promises major price rebound in the Ethereum price in 2022. Ethereum’s native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token’s next selloff move could turn into a bear trap as the market factors in the possible release of … Read more

Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern

ethereum-in-danger-of-25%-crash-as-eth-price-forms-classic-bearish-technical-pattern

ETH’s price risks declining further despite rebounding over 20% in the last three days. Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a range defined by two converging … Read more

The Financial Dark Ages Are Ending Thanks To Bitcoin

the-financial-dark-ages-are-ending-thanks-to-bitcoin

Bitcoin represents a financial renaissance, which means society still exists in a monetary Middle Ages dominated by the alchemy of fiat currency. During the Middle Ages, a group of men tried to turn base metals into gold; they were known as alchemists and they did not succeed in their endeavors. We’re fortunate that they didn’t. … 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

Bitcoin Plunges To Lowest Level Since January 2021

bitcoin-plunges-to-lowest-level-since-january-2021

Bitcoin’s price revisited early 2021 levels on Wednesday as the currency struggled to maintain the $30,000 zone. Bitcoin extended losses to reach levels last seen in January 2021 on Wednesday amid a broader market sell-off. The peer-to-peer digital currency struggled to hold the $30,000 level throughout the day as U.S. inflation levels were reported above … Read more