Bitcoin Price
Bitcoin Stuck Below $40K Resistance; Support at $33K
Upside remains limited given the intermediate-term downtrend.
What the Fed’s March Rate Increase Signal Means for Crypto
Bitcoin has stabilized on the heels of Federal Reserve Chair Jerome Powell saying the central bank will likely raise interest rates in March amid concerns of soaring inflation. Michael Venuto, chief investment officer at Toroso Investments, discusses its potential impact on the crypto markets.
Could Bitcoin Price Exceed $1M by 2030?
Predictions for bitcoin to reach $100,000 have been deferred indefinitely as the cryptocurrency has declined about 45% from its all-time high. Yet, new data from Cathie Wood-led Ark Invest suggests its bullish BTC could rise to $1 million over the next decade. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Oversold Bounce Faces Resistance at $40K-$43K
Long-term momentum remains very weak and BTC is at a critical point.
Cathie Wood’s Ark Invest Predicts Bitcoin Could Exceed $1M by 2030
The noted investor previously said the cryptocurrency would reach $500,000 by 2026.
Bitcoin Selling Pressure Not Over Yet?
Founder Anthony Saccaro discusses metrics he’s continuing to monitor for indicators of bitcoin’s next move and why the $100K price is not far away. Plus, the potential impact of Wednesday’s two-day monetary policy meeting from the Federal Open Markets Committee (FOMC) on the crypto markets.
Bitcoin's Latest Pullback Ranks 6th in Its Worst Drawdowns
Bitcoin is recovering from Monday's low of about $33,000, which represented a severing of more than half of its November all-time high value of $69,000. The 52% decline from the peak thus far ranks sixth in bitcoin's history of worst drawdowns, but this retreat could continue to grow larger, according to data from NYDIG. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Rises Above $37K; Resistance at $40K-$43K
A decisive break above $40K is needed to pause the downtrend from November.
Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt
Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.
Veteran Trader Peter Brandt on Crypto Market Crash: 'Greed Puts in Top, Fear Puts in Bottom'
Veteran futures forex trader Peter Brandt, who correctly predicted bitcoin's steep price correction in 2018, discusses his optimistic take on the latest crypto market crash. "So what that we have a 50% correction? ... Greed puts in tops, fear puts in bottom," Brandt said. "This decline in bitcoin is really nothing to panic about." Plus, short-term price forecasts for BTC, the correlation between BTC and stocks, BTC as a store of value, the outlook for gold, and more.
