Buy the dip, or sell before the dip dips more? Markus Thielen, founder of 10x Research, mentioned in an April 16th research note that his company had sold all of their tech stocks, citing stickier than expected inflation and rising bond yields as his current biggest concerns for the stock and crypto markets. Bitcoin has already seen more than a 9% dip, potentially due to waning expectations of interest rate cuts, but with the halving just days away, many crypto investors are holding steady, hoping the decrease in Bitcoin's supply can outweigh the less than ideal macroeconomic trends. Do you think the halving can save Bitcoin from its recent downward trend?
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The crypto markets are heading towards the close of the year’s first quarter, which is expected to be pretty impressive. Besides, market sentiments continue to remain bullish despite the bearish pressures, which are trying hard to mount as the token heads back close to its highs. Despite the growing optimism around the BTC price, the technicals suggest the token may again fall prey to bears. But the question arises whether the bulls could be able to hold the rally above the key support levels. To understand this, let’s analyse the demand and supply dynamics of Bitcoin! The demand for Bitcoin has skyrocketed this year, all thanks to the spot ETFs that were launched earlier this year. With this, the demand and supply dynamics for Bitcoin are expected to change to a large extent by Q1 2025, as analysed by CryptoQuant. Moreover, the popular on-chain platform also indicates the liquid inventory has dropped to the lowest levels as sell-side liquidity plunges with the rise in demand.
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Crypto Surge: Bitcoin Breaks Boundaries, Predicted to Hit $30,000! 🚀 ✔️ Source: 👉 https://lnkd.in/gmyDkehk 🔑 Key Highlights: ➖ 🚀 Sky’s the Limit! - Bitcoin surprises the market with a robust ascent, with experts forecasting a potential rise to a whopping $30,000 in October! ➖ 🐋 Whale Alert! - Material Indicators observe notable activities from a specific class of whales, known for their significant impact on Bitcoin’s price dynamics! ➖ 💡 Expert Insights! - Renowned analyst Michaël van de Poppe shares his bullish predictions, spotlighting crucial breakthroughs and the promising journey of Bitcoin in the coming month!
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Crypto Surge: Bitcoin Breaks Boundaries, Predicted to Hit $30,000! 🚀 ✔️ Source: 👉 https://lnkd.in/gRXYg28Y 🔑 Key Highlights: ➖ 🚀 Sky’s the Limit! - Bitcoin surprises the market with a robust ascent, with experts forecasting a potential rise to a whopping $30,000 in October! ➖ 🐋 Whale Alert! - Material Indicators observe notable activities from a specific class of whales, known for their significant impact on Bitcoin’s price dynamics! ➖ 💡 Expert Insights! - Renowned analyst Michaël van de Poppe shares his bullish predictions, spotlighting crucial breakthroughs and the promising journey of Bitcoin in the coming month!
Crypto Surge: Bitcoin Breaks Boundaries, Predicted to Hit $30,000!
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The crypto market took a hit as Bitcoin slipped below $70K, experiencing a 2.5% drop. Despite recent ETF investments and a modest weekly increase, the CoinDesk 20 Index also decreased by 5%. A strong US job report on Friday triggered the downturn, resulting in $450 million in liquidations. Market sentiment soured due to a lackluster livestream from Roaring Kitty, failing to uplift meme coins. Nevertheless, Bitcoin ETFs are still attracting substantial investments.
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lead Developer Releation 🥑 @plutope📍Building @PlutoPeAcademy📍Blockchain Developer📍 Random community member📍 Speaker 🎤📍Web3 Engineer👨💻
#Bitcoin falls under $60,000. Now, every miner is shown in red. To make ends meet, they must keep selling all of the bitcoin. The worst-case situation that humor fall in March is this one. The actions and economic planning of miners have a significant impact on the price of bitcoin due to their centralization. What’s more. All ETF buyers are now sitting in losses. Wait for them to capitulate and we ‘ll revisit 48k easily Jobs will be lost quickly by late August or early September, at which point the Fed will begin lowering interest rates in response to a sharply weakening economy. According to expectations, the AI dream values will eventually pop, but stocks won't rise. 💥 Markets are always right. #bitcoinmarket #cryptomarket #bitcoinetf #cryptomarket
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The current market conditions are quite similar to 2015 Bitcoin fractal. More sideways action to be expected worse case scenario would be retest of nice psychological number of 20K, though exciting end of year movement expected in Q4. Those that invested during the same period back in 2015 reaped huge gains! Institutional Funds and Angel Investors let's connect! Information courtesy of CryptoTimes.
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Bitcoin's recent surge mirrors the historic bullish run of 2021, with prices aiming for new all-time highs. Factors like pending ETF approval and growing options interest contribute to the current market enthusiasm. Despite challenges in 2022, Bitcoin has more than doubled in price this year. The crypto sector eagerly awaits potential developments, highlighting Bitcoin's role in shaping the future of finance.
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Time to Revisit the Winning Asset Classes of 2023 -- Bitcoin and Oil Trade Places Bitcoin was by far the best performer among the nine categories in this Macrobond chart, boosted by optimism that ETFs will soon allow more investors to trade cryptocurrency. It’s continuing its streak as the most “binary” asset since 2016 – either performing the best or worst in each calendar year. Meanwhile, oil went from the best performer in 2022 (on the back of the Russia-Ukraine war) to the weakest performer in 2023 amid concerns about slowing economies and oversupply. Equities had a strong year. Interestingly, there was little difference between “value” and “growth” stocks in the S&P 500; value held up much better than growth in last year’s bear market. ~~~~~~~~~~ Macrobond Financial eliminates the pain of downloading, organizing, analyzing, and visualizing data by automating routine tasks. Say goodbye to manual labor and spend more time on what truly matters: generating valuable analysis and commentary. Request a demo here😄👍🏻: https://lnkd.in/gXpkVvMG
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Time to Revisit the Winning Asset Classes of 2023 -- Bitcoin and Oil Trade Places Bitcoin was by far the best performer among the nine categories in this Macrobond chart, boosted by optimism that ETFs will soon allow more investors to trade cryptocurrency. It’s continuing its streak as the most “binary” asset since 2016 – either performing the best or worst in each calendar year. Meanwhile, oil went from the best performer in 2022 (on the back of the Russia-Ukraine war) to the weakest performer in 2023 amid concerns about slowing economies and oversupply. Equities had a strong year. Interestingly, there was little difference between “value” and “growth” stocks in the S&P 500; value held up much better than growth in last year’s bear market. ~~~~~~~~~~ Macrobond Financial eliminates the pain of downloading, organizing, analyzing, and visualizing data by automating routine tasks. Say goodbye to manual labor and spend more time on what truly matters: generating valuable analysis and commentary. Request a demo here😄👍🏻: https://lnkd.in/gXpkVvMG
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Bitcoin Alerts 2/28/2024: Utilify not Volatilify. Is the recent surge in Bitcoin's price authentic or inflated? The rise in value, often attributed to speculative beliefs rather than historical accuracy, introduces fragility into the market. This surge isn't driven by increased utility but rather by the introduction of ETFs, adding volatility in my opinion. Certain assets, like the stock market, shouldn't be excessively leveraged for Bitcoin. Referencing my previous analyses, the true price floor for Bitcoin will likely revert to 40/42k soon. The real pop is on 2025. False floors fueled by Wall Street hype pose risks to long-term economic stability. Do play a fools game with Mother Nature natural flow if stable growth based on real utility. Treating Bitcoin more like a day trader's tool than a reliable store of value undermines stability and jeopardizes its long-term viability. Keep your wallets safe, protect your asset against volatility theft.
