Bitcoin’s “hedge” narrative is dead, as speculative price action continues

Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts with the view that crypto is uncorrelated, proving it false Assessing the price action of crypto through the pandemic and subsequent rate-raising cycle shows an extremely risky asset class that […] The post Bitcoin’s “hedge” narrative is dead, as speculative price action continues appeared first on CoinJournal. дальше »

2023-1-24 16:50

Will Bitcoin bounce back? Why 2022’s pain is different to anything previously

Key Takeaways Bitcoin has closed the year down 64%, its worst year since 2018 This bear market is different, as for the first time ever in Bitcoin’s existence, the wider economy is also pulling back Bitcoin’s correlation with the stock market is extremely high, proving it trades like a high-risk asset Fans will hope this […] The post Will Bitcoin bounce back? Why 2022’s pain is different to anything previously appeared first on CoinJournal. дальше »

2023-1-4 15:05

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Bitcoin At $19k: To Buy or Not To Buy?

Bitcoin is currently priced at $19,313, with all the signs of an invigorated asset ready to smash through multiple resistance levels. September appears to be the month crypto investors show some tenderness to the top-tier cryptocurrency, which has suffered severe bearish hangovers since the start of 2022. дальше »

2022-9-8 17:59