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Market Analysis Intermediate

Market Analysis Dec 4th, 2023: BTC faces its strongest resistance between $39,000 and $41,000

Reading Time: 7 minutes News about a potential Bitcoin spot ETF continues influencing the crypto market, with an expected approval window between January 5 and January 10, 2024. This anticipation has fueled a recent surge in BTC prices, breaching the…
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Getting Started Beginner BTC

What is Bitcoin?

Reading Time: 5 minutes By now most people probably have heard of Bitcoin, one of the first crypto assets that introduced a new concept of money that fully lives on the internet. But, what is Bitcoin? Who created it and…
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Market Analysis Intermediate

Market Analysis May 8th 2023: BTC Shows Strong Resistance Above 100-Week EMA, Bullish Sentiment on the Rise

Reading Time: 9 minutesOn May 3, the Federal Reserve increased interest rates by 25 basis points. The United States also reported its lowest labor force participation rate since May 2021. Meanwhile, the cryptocurrency market is still maintaining its position above…
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Market Analysis

Market Analysis April 24, 2023: Crypto Market Sees Correction After Weeks of Strong Price Momentum

Reading Time: 7 minutesOn the day of Eid, the crypto market experienced correction after continuous growth for three weeks prior. The decline in the crypto market was influenced by issues such as a 0.25-point increase in interest rates, regulations, and…
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Market Analysis Intermediate

Market Analysis April 8, 2023: US Economy in Contraction, BTC Breaks Macro Downtrend

Reading Time: 7 minutesBTC broke a downward trend that has historically kept prices down for months, which could be seen as a positive sign for the cryptocurrency market in the face of a potential recession caused by the combination of…
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Market Analysis Investing Intermediate

Market Analysis Apr 3, 2023: Inflation Continues to Fall, BTC Prepares to Enter a New Macro Uptrend

Reading Time: 8 minutes United States inflation continues to decline and many started to believe the Fed’s policy of raising interest rates may be nearing its end. The flattening of US Treasury yields is a positive catalyst for the crypto…
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Market Analysis Intermediate

Market Analysis March 25, 2023: Market Conditions Heat up, Bitcoin Maintains Strong Momentum

Reading Time: 8 minutesThe Fed has raised its key interest rate by 25 bps. The Fed also warned that bank failures could negatively impact economic growth. From the crypto market, despite the overheated market, BTC maintained its strong momentum.As usual,…
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Market Analysis Intermediate

Market Analysis 18 March 2023: The Fed Faces A Dilemma While Bitcoin Skyrockets

Reading Time: 8 minutesThe US Bank sector experienced massive problems last week. SVB, Signature, and Silvergate banks were bailed by the US government due to bankruptcy. In the aftermath of these events, Bitcoin experienced explosive price movements during the week…
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Market Analysis

Market Analysis March 13, 2023: Crypto Struggles Amid Interest Rate Uncertainty and Silvergate, SVB Collapse

Reading Time: 7 minutesThe financial industry has experienced a tumultuous week due to various events that have caused fluctuations in the market. The crypto industry was also hit, with the total crypto market dropping below $1 trillion USD. What happened…
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Market Analysis Intermediate

Market Analysis Mar 6, 2023: The Fed Has Yet Loosen Up, BTC Goes Sideways Again

Reading Time: 8 minutesThe Fed will maintain higher interest rates for an extended period as US economic data remains solid. The problems experienced by Silvergate Bank shook the price of Bitcoin and the crypto industry. Find out the full explanation…
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Market Analysis Intermediate

Market Analysis Feb 27, 2023: No Significant Movement, Expect BTC to Move Sideways

Reading Time: 7 minutesIs it true that we are still in the early stages of a recession? Then, will the Fed change its stance on interest rate hikes? What about the state of Bitcoin amid this situation? Find out the…
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Market Analysis Intermediate

Market Analysis Feb 18, 2023: BTC Up 10% Despite Stock Market Volatility

Reading Time: 6 minutesThe stock market experienced a decline following a statement from a non-voting member of the FOMC suggesting that interest rates should be kept high to combat inflation. Meanwhile, the value of Bitcoin has increased by 10%. What…
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Market Analysis Intermediate

Market Analysis 4 February 2023: Interest Rate Rises by 0.25%, Crypto Market Turns Green

Reading Time: 8 minutesThe Fed raised interest rates of 25 bps (0.25%) to 4.5%-4.75% last Wednesday. The stock market and crypto immediately responded positively to the news. However, the chart shows that BTC is not ready to punch through the…
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Market Analysis Intermediate

Market Analysis Jan 23, 2023: Crypto Market Climbed Over 200 Week MA

Reading Time: 6 minutesThe US Producer Price Index (PPI) is down, which indicates that inflation was receding. The crypto market has climbed over the 200 week MA resistance line.Pintu’s trader team has collected various important data about macroeconomic analysis and…
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Market Analysis

Market Analysis 14 January 2023: BTC Rallies as US Inflation Rate Drops

Reading Time: 7 minutesThe inflation rate in the United States shows positive signs. The FOMC meeting has the potential to reduce interest rates in February. With positive inflation, the Crypto market has been rallying for the past week. As usual,…