Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K

Gepubliceerd door Cointelegraph By Jordan Finneseth op

Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000.

Source: Coin telegraph bitcoin

Categorieën: Crypto

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Gerelateerde artikelen

Crypto

Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs. Source: Coin telegraph bitcoin

Crypto

Crypto community eyeing three macro events to tip crypto scales in July

Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry. Source: Coin telegraph bitcoin

Crypto

Institutional investors shorting Bitcoin made up 80% of weekly inflows

Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million. Source: Coin telegraph bitcoin