Bitcoin and other Cryptocurrencies

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.

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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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 prices have experienced some noticeable volatility, repeatedly moving past $40,000 but failing to stay above that level.

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 prices logged additional losses today after the drop they suffered yesterday. Analysts weigh in on what drove these latest declines.

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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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 continues to hold support around $28,730 – trendline resistance overhead. JP Morgan upgrades crypto and calls it a preferred alternative asset. And Guggenheim CIO Scott Minerd calls for Bitcoin to fall to $8k in Davos interview.

Daily price is on bearish ranging within 27,993 support for the bearish trend to be continuing with 25,247 target to re-enter and 32,940 resistance level for the daily bullish reversal to be started.

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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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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 has picked up a small bid this week and moved marginally higher. While the short-term outlook looks marginally more positive, the longer-term outlook remains negative.

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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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