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Market Analysis Intermediate

Market Analysis, December 25, 2022: Stock Market Crash, BTC Hits Its Resistance

Reading Time: 6 minutesThe stock market sold off at the beginning of the week due to concerns about a potential recession. Meanwhile, in the crypto market, BTC hits 21 days EMA as a resistance.Pintu’s trader team has collected various important…
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Market Analysis Intermediate

Market Analysis 18 December 2022: FUD Sentiment Triggers Bitcoin to Fall

Reading Time: 6 minutes The Fed’s decision not to ease monetary policy next year has the potential to hamper economic growth. Meanwhile, the crypto market was hit by negative sentiment due to several FUD news over the week. Pintu’s trader…
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Market Analysis Intermediate

Market Analysis 11 December 2022: 2023 Economic Prediction and Stagnant Bitcoin

Reading Time: 7 minutes Several economic projections for the next year have been published. The potential for a recession in the US could be an essential factor for the crypto market and world economy. In addition, the 10-2 year yield…
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Market Analysis Intermediate

Market Analysis December 4, 2022: The Fed May Ease Off Rate Hikes, BTC Increases 3.2% Week-on-Week

Reading Time: 5 minutesDue to the looming possibility of a global recession, the Federal Reserve (the Fed) has indicated that it will be less aggressive in raising interest rates next month. What effect will it have on the cryptocurrency market?Pintu’s…
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Market Analysis

Market Analysis: 21-27 November 2022: Recession Forecast and BTC Movement

Reading Time: 5 minutes Several indicators show the possibility of a global recession will likely hit next year. This condition certainly has a massive influence on the movement of the equity and crypto market. Pintu’s team of traders has collected…
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Market Analysis Intermediate

Market Analysis 14-20 November 2022: FTX Impact Still Continues, Bitcoin Moves Sideways

Reading Time: 6 minutesAfter the FTX incident that ravage the crypto market, Bitcoin managed to stay in the $16k price range. Several major crypto players have just announced the losses they have suffered due to the FTX event. While there…
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Market Analysis Intermediate

Market Analysis Nov 7-13: Amidst Crypto Market Turmoil, Bitcoin Saw Significant Drop

Reading Time: 7 minutesThe lower CPI data in October apparently did not have much of an impact on the cryptocurrency market. The FTX meltdown have brought the crypto market into the red zone.Pintu’s team of traders has collected various important…
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Market Analysis Intermediate

Market Analysis Oct 31 – Nov 6: Bitcoin Bounced After The Fed Interest Rate Hike

Reading Time: 6 minutesThe Federal Reserve has once again raised its interest rate by 75 bps on Wednesday last week. This increase in interest rates was followed by a weakening of the crypto market. However, the decline did not last…
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Market Analysis Intermediate

Market Analysis 17-23 October 2022: EU Inflation, Bitcoin Volatility, and ETH Stagnant

Reading Time: 7 minutesIn the past week, many have started to say that the crypto market is dull because there is no significant price movement. This is in stark contrast to last week when BTC experience a drastic (short-lived) decline…
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Market Analysis Intermediate

Market Analysis October 3-9: US Employment Data Released, US Stock Market Tumbles and Bull Flag on BTC Daily Chart

Reading Time: 6 minutesThe US stock market tumbles after the release of the latest employment data by the US Bureau of Labor Statistics last week. Meanwhile, a bull flag pattern is seen on the daily chart of BTC.Pintu’s trader team…
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Market Analysis Intermediate

Market Analysis 26 September – 3 October: Market Fears Recession, Bitcoin Might Lose Its Important Support Level

Reading Time: 7 minutesOctober has been a historically strong month for Bitcoin (BTC) over the past couple of years. However, BTC closed out September with a negative return, and it might just lose its previous 3 months’ support.This Market Analysis…
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Market Analysis Intermediate

Market Analysis 18-25 September: The Fed Raises Interest Rates and Bitcoin at Key Support Level

Reading Time: 8 minutesThe Fed raised its interest rate again by 75 bps. With economic conditions still in poor shape, the US is experiencing a growth recession. Coincidentally, Bitcoin has managed to hold on to strong support at $19 and…
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Market Analysis

Market Analysis Sept 12-18: US Inflation Increases, Crypto Market Enters Red Zone

Reading Time: 8 minutesUS inflation data for August was surprisingly higher than anticipated. This could lead to a sharp increase in interest rates by the Fed at the FOMC meeting on September 21.The higher inflation figures also put pressure on…
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Market Analysis

Market Analysis Sept 5-11: BTC and ETH in Positive Trend, LUNA and LUNC Prices Surge

Reading Time: 8 minutesAhead of this week which will be filled with various important macro data releases, crypto market managed to stay in the green zone in the last week. Bitcoin had dropped to 18.535 US dollar, but managed to…
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Market Analysis Intermediate

Market Analysis 29 August-3 September: Potential Upside Momentum for ETH and BTC Warning

Reading Time: 7 minutes Bitcoin ended August with -14%. Meanwhile, the eurozone financial condition is experiencing difficulties with inflation reaching 9.1%. There is some potential bearish in Bitcoin and Ethereum price movements. Check out the market analysis below to find…