Bitcoin’s “hedge” narrative is dead, as speculative price action continues
Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts with the view that crypto is uncorrelated, proving it false Assessing the price action of crypto through the pandemic and subsequent rate-raising cycle shows an extremely risky asset class that […]
BabyDogeCoin Community continues supporting Charities
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BabyDogeCoin continues their SavingDoges efforts by partnering with AnimalLeague
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Bitcoin (BTC/USD) choppy pattern continues. Here is why the next breakout could be catastrophic
Since breaking below $19,000, Bitcoin (BTC/USD) has been unable to recover to the crucial psychological level. As of press time, the cryptocurrency trades slightly above $16,000, the level it bottomed at post-FTX collapse. It’s nearly two weeks now, and the price of BTC has been consolidating at this yearly low. Can it recover in the […]
Bitcoin BTC prediction as the token continues to stall
Bitcoin (BTC/USD) may have settled above $15,000, but the pressure is mounting. As of press time, the cryptocurrency was trading at $16,623, losing 1.32% on the day. BTC is also largely consolidating rather than making a directional move. A technical outlook shows a potential decline to the next low. Bitcoin’s price action comes when data […]
Bitcoin could drop below $16k as the bearish trend continues
Bitcoin has lost more than 20% of its value over the last seven days and could record further losses this week. The cryptocurrency market has recorded perhaps its worst week so far this week. Bitcoin and the other leading cryptocurrencies have been underperforming over the past few days. Bitcoin, the world’s leading cryptocurrency, has lost […]
Shiba Inu (SHIB/USD) continues to struggle. Here is the price outlook
Shiba Inu (SHIB/USD) has added another zero after the decimal point for its current price. As of press time, the cryptocurrency was exchanging hands at $0.00000996, losing 3% in the week. A brief technical outlook shows the meme token is back to its June and July lows. There are positive things, however, to note. As […]