Articles for tag: analyst insights, Bitcoin, Bull Market, Crypto Market, investment trends, monetary policy, price correction

Market News

Bitcoin Faces $70K Retracement Amid Macro Correction: Analysts Weigh In on Bull Market Trends and Future Prospects.

Bitcoin’s recent drop to around $80,708, following a 14% decline, raises concerns among investors about a potential bear Market. Analysts suggest this may just be a normal correction within a broader bull Market. Aurelie Barthere from Nansen believes BTC might retrace to the $71,000-$72,000 range, which could stabilize the Market for a healthier recovery. Arthur ...

Market News

What’s Next for Bitcoin After Its Biggest Price Drop Since the FTX Collapse? Insights and Predictions for Investors.

Bitcoin’s recent performance has turned bearish after a significant drop of 12.6% early this week, marking the largest decline since the FTX bankruptcy. This decline follows investor disappointment over unmet promises from the government regarding Bitcoin reserves and liquidity. With weakened institutional demand, Bitcoin faces additional pressure from the Nasdaq index. Analysts suggest that Bitcoin’s ...

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