Bitcoin is currently down 2% on the day after a wider pullback in the global markets. At the time of writing, BTC has been rejected from the $21,000 level and is currently consolidating around the $20,000 zone. This pullback
Amazon's share price took a hit in after-hours trading on Thursday, after the ecommerce giant missed earnings expectations for the third quarter. The stock was down more than 20% in extended trading, wiping out more than $230 billion of Amazon's market value. It was one
When asked about how Amazon is planning to address the COVID-19 pandemic,
Amazon's decline this year is indicative of the uncertainty in which tech titans around the world have found themselves. This has had knock-on effects in the cryptocurrency markets as well.
This week has been a tough one for Meta, with the stock price dropping below $100 and returning to 2015 levels. While this may be concerning
The price of Bitcoin is influenced by many factors, but one of the most important is the stock market. In particular, the value of technology stocks has a strong correlation with the price of Bitcoin. Over
The current Bitcoin price is $20,159, with a $47 billion 24-hour trading volume. While this is a significant drop, it is important to remember
Bitcoin's upward trend is weakening as it fails to break through the major resistance level of $21,000. Unsurprisingly, sellers are entering the market, causing a bearish correction and possibly profit-taking before the
Bitcoin has recently completed a 61.8% Fibonacci retracement, with prices now bearishly correcting below this level. This is further evidenced by indicators such as the RSI and MACD entering into
The 50-day moving average is a technical indicator that suggests buying above $19,600. A break above the 61.8% Fib level has the potential to extend the buying trend to $21,900. If the current upward trend continues,
Bitcoin's recent bull run has taken the cryptocurrency to new heights, with the price reaching over $19,000. However,
The US Federal Reserve's interest rate decision on November 2nd could trigger a 30% rally in Bitcoin and the wider altcoin markets, according to analysts. The Fed is widely expected to leave interest rates unchanged at its meeting next week, but
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