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Bitcoin Price Forecast Q2 2022
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.
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Anyway, the weekly price for BTC/USD is located inside Ichimoku cloud for breaking bullish triangle pattern together with 48.230 resistance level to above for the weekly primary bullish reversal with the possible target to be near and below 68,965 resistance level.
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Bitcoin Price Forecast Q2 2022
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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.
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Bitcoin Climbs Above $40,000 But Struggles To Stay Above That Level
Bitcoin prices have experienced some noticeable volatility, repeatedly moving past $40,000 but failing to stay above that level.
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The daily price broker Ichimoku cloud to below for the primary bearish reversal to be started: the price is crossing 38,532 support level to below for 37,695 and 37,152 targets to re-enter for the primary daily bearish trend to be continuing. Alternatively - the price will be on the secondary ranging waiting for the direction of the bullish trend to be resumed by crossing 42,957 to above or the bearish reversal by breaking support levels to below.
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Bitcoin Trades At Lowest Since February After Suffering Further Losses
Bitcoin prices logged additional losses today after the drop they suffered yesterday. Analysts weigh in on what drove these latest declines.
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Daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is testing 35,580 support level to below for the primary bearish trend to be continuing.
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Where Are Bitcoin Prices Heading Next After Falling Below $30,000?
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Bitcoin prices have suffered some turbulence lately, dropping under $30,000 and reaching their lowest since July. "Bitcoin has fallen alongside global markets as traders and investors risk off in the face of recession and inflation concerns," stated Scott Melker, a crypto investor and analyst who is the host of The Wolf Of All Streets Podcast.
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Bitcoin: the economic calendar remains key for digital assets
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Bitcoin prices suffered after US CPI rose to a four-decade high. Cryptocurrency remains vulnerable to economic data. With fundamentals currently driving price action, the economic calendar remains key for digital assets.
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Myriad Factors Drive Bitcoin To Lowest Since December 2020
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Bitcoin prices have recorded sharp losses recently, pushing the digital currency to its lowest in more than a year. Several analysts weigh in on what variables fueled these losses.
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Bitcoin and Ethereum have rebounded despite the shocking US CPI
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Bitcoin, Ethereum and their alt coin counterparts have rebounded despite the shocking US CPI print dented sentiment further. BTC/USD remains above $20,000 despite fundamental risks.
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