Monthly Archives: September 2022

Bitcoin Price Makes U-Turn, Why BTC Could Tumble to $18K

Bitcoin started a fresh decline below the $20,000 support zone against the US Dollar. BTC traded below $19,000 and remains at a risk of a move to $18,000. Bitcoin started a fresh decline and traded below the $19,500 support. The price is now trading below $19,200 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support at $19,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now… Source link

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Bitcoin Falls Below $19,000, Ethereum Under $1,400 Amid Losses In Global Markets

Bitcoin Falls Below $19,000, Ethereum Under $1,400 Amid Losses In Global Markets

By Asmita Pant  Sep 19, 2022, 08:05 AM IST (Published) Mini The world’s largest and most popular virtual currency, Bitcoin, fell 5.4 percent to $18,934.8. Its market value stood at $373 billion. The trade volume was at $31.6 billion. Major cryptocurrencies extended losses on Monday, September 19. Bitcoin slid below $19,000 and Ethereum below $1,400 amid largely negative trends in global markets. The global crypto market cap stood at $933.26 billion, with a volume of $65.56 billion in the past… Source link

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Bitcoin [BTC] may be at the tail end of something, but does this warrant caution too

Bitcoin noted some upside over the last 24 hours following a brief recovery back above $20,000. Investors that have kept a close eye on its performance over the last few weeks may have noticed its confinement within a tight range. However, it might be closer to the tail end of this range, and things are about to get more interesting. Bitcoin has been stuck between the $19,000 and $24,000 levels for more than a few weeks now. It exited this range only a few times since June,… Source link

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Ethereum About To Be Hit Hard by Price Correction As Bitcoin and Stock Market Weaken: Analyst Benjamin Cowen

Popular crypto analyst Benjamin Cowen says that he expects Ethereum (ETH) to witness significant levels of pain as Bitcoin (BTC) and the equities market hint at downward moves. In a new strategy session, the technical analyst tells his 768,000 YouTube subscribers that the NASDAQ, S&P 500, Bitcoin and Ethereum all look ready to at least test recent lows. With Ethereum being significantly more volatile than Bitcoin and the stock market, Cowen points out that ETH’s critical… Source link

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Bitcoin (BTC) Price Prediction 2025-2030: Is BTC’s $937K by 2030 target even possible?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject If you’re a Bitcoin holder, there are plenty of good reasons why you aren’t happy. After all, when you bought into the world’s largest cryptocurrency, the expectation was it would soon hit $100k on the charts. However, that hasn’t happened. In fact, one could argue that the crypto has moved in the… Source link

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Ethereum (ETH) Price Prediction 2025-2030: How realistic is $50K after the Merge?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Ethereum [ETH], the second-largest cryptocurrency in the market, successfully completed its long-awaited switch from proof-of-work to proof-of-stake PoS recently, ushering in a new era for the network. Although there was excitement during and immediately after the Merge, as the changeover is often known, driving… Source link

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Bitcoin Can Give The US An ‘Economic Boost,’ Finance Expert Says

Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset and not as any kind of threat. Gromen made his statement during his appearance on a September 14 podcast hosted by Natalie Brunell. Gromen is well-respected in the finance research world for his ability to provide a comprehensive analysis of global and topical… Source link

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Bitcoin Can Provide An ‘Economic Boost’ To The U.S., Finance Expert Says

Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset and not as any kind of threat. Gromen made his statement during his appearance on a September 14 podcast hosted by Natalie Brunell. Gromen is well-respected in the finance research world for his ability to provide a comprehensive analysis of global and topical… Source link

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