Q1 hasn’t been easy for investors. Of course, Bitcoin as a high beta asset hasn’t been immune to the drop in stocks, falling over 13% (at the time of writing) from three months ago. Daily price broke ichimoku cloud to below for the breakdown with the primary bearish reversal: the price is testing 39,167 support level to velow for the primary bearish trend to be started with 37,152 level as a possible next target. more...
Q1 hasn’t been easy for investors. And as we look ahead to what is in store for crypto markets in Q2, we can still believe that “macro matters” in the sense that tighter financial conditions and slowing economic growth are serious headwinds. The de-leveraging and liquidity draining impact of the Fed’s policy shift will likely cap any serious rise in crypto prices, but in the face of that, there are a few fundamental and regulatory points for long term investors to be excited about. ...
Bitcoin is finding a couple of levels of resistance difficult to break, leaving it vulnerable to further losses. more...
Ethereum is starting to outperform Bitcoin again ahead of ETH's latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure more...
There are three top reasons for Bitcoin’s failure to reach the masses, according to experts and relevant reports. One of them is trust. "The biggest problem, rather ironically is trust,” says Clement Thibault, Senior Analyst at Investing.com. “Most people don't understand the digital currency and only see Bitcoin's erratic price movement. A lack of understanding coupled with wild price swings create a negative environment for adoption.” ...
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