Peter Brandt forecasts Bitcoin’s bull-market start in May 2024
Renowned technical analyst and Factor LLC head Peter Brandt has forecast Bitcoin's return to a bull market in May 2024.
Peter Brandt forecasts Bitcoin’s bull-market start in May 2024
Renowned technical analyst and Factor LLC head Peter Brandt has forecast Bitcoin's return to a bull market in May 2024.
Bitcoin price breaches the $47,000 level
On Monday, March 28, Bitcoin prices rose above the $47,000 mark. The asset's market capitalization stood at $893 billion.
Bitcoin tests the $45,000 level
Bitcoin prices rose above the $45,000 level, while Ethereum traded near $3,200.
Fed raises rates for first time since 2018; Bitcoin and S&P 500 rise
Following the March 16-17 meeting, the Fed raised the policy rate for the first time since December 2018 by 25 basis points to 0.25-0.50%. By year-end it could reach 1.9% due to inflation running at a 40-year high, according to Fed projections.
DeVere Group chief foresees Bitcoin hitting $50 000 in March
The impressive rise in Bitcoin in recent days has led to expectations that it could reach the $50 000 level in March. Nigel Green, CEO of DeVere Group, made the forecast.
Bitcoin tests the $45,000 mark
The price of the leading cryptocurrency continued to rise, with the quotes touching a local high just above the $45,000 level.
Bitcoin climbs above $43,000 as market cap returns to $2 trillion
Bitcoin prices continued to rise and returned to levels above $43,000. At one point the price exceeded $44,000.
Glassnode analysts flag risks of further bitcoin price decline
Expectations of a Fed rate hike and geopolitical tension are feeding bitcoin investors' pessimism and heightening the prospect of selling loss-making coins. Glassnode analysts say.
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