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“Goldman Sachs says stocks will slide until Fed clarifies policy” A lengthy losing streak for US stocks is likely to continue until the Federal Reserve reveals the endpoint of its effort to tackle inflation by tightening monetary policy, according to a Goldman Sachs analyst. Major stock indices have finished lower for seven consecutive weeks –…
” Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive “ Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…
” Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level “ Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself. That was according to new analysis released on May 24, which studied Bitcoin’s interaction with its 200-week…
” Top 3 cryptocurrencies that are faring the best in the 2022 bear market “ The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022. Fears over persistently higher inflation, the Federal Reserve’s hawkish response to…
” Bitcoin dives to fill CME gap amid claim new all-time highs will take 2 years “ Bitcoin (BTC) stuck to “rangebound movements” into May 24 as price action avoided expected volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No joy for BTC bulls after DXY downmove Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
“‘I didn’t sleep for days’” With hopes of being a homeowner by the time he turned 30, Steve Jensen decided to invest $25,000 in the crypto market in the summer of 2020. It was half of his savings, but since he couldn’t afford a 10% down payment on a home in Westchester, he hoped his…
” fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher “ After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case….
” Bitcoin’s current setup creates an interesting risk-reward situation for bulls “ The Bitcoin (BTC) chart has formed a symmetrical triangle, which currently holds a tight range from $28,900 to $30,900. This pattern has been holding for nearly two weeks and could potentially extend for another two weeks before price makes a more decisive movement….
” Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB “ The United States equity markets are attempting a recovery after weeks of relentless selling. Along similar lines, on-chain monitoring resource Material Indicators expects the crypto market to recover, but they anticipate Bitcoin (BTC) to spend some time in a range…
” Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks “ Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost “overbought.” Monero price RSI meets rising wedge Downside risks have been mounting due to XMR’s relative…