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…
Tag: market analysis
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…
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,…
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The crypto industry has gone through a rough ride in 2022. However, there are many innovations and developments to get excited about going into 2023. Some of these are the adoption of cryptocurrencies by large companies…
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The global economy and the crypto industry faced numerous macroeconomic issues in 2022, with high inflation and aggressive policies from the US central bank likely causing uncertainty in the crypto industry in 2023.
However, 2022 also…
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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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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…
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…
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…
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…
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…
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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The stock and crypto markets have seen a considerable decline in the last week. One of the factors is the result of the macroeconomic conditions that are still bad. So, how do Bitcoin and Ethereum prices…
Reading Time: 6 minutes
Bitcoin (BTC) failed to continue its bullish momentum and it is still in the same price channel. On the other hand, Ethereum shows strength after the merge date announcement. Pintu’s team of traders collects data about…
Reading Time: 7 minutesBitcoin started giving positive signals over the past week and managed to rise as much as 7%. Even so, news about the Fed’s rate hike still provides uncertainty. The Pintu Trader team has collected various important data…