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Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call

Analysts forecast a year-over-year increase of 6.5% in the United States Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing January 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on interest […] The post Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call appeared first on CryptoSlate. дальше »

2023-1-12 23:35


Bitcoin price prediction as the US dollar index plummets

Bitcoin price has been in a tight range in the past few weeks. Bitcoin’s fear and greed index has dropped to the fear level of 25. The US dollar index has plummeted to $103. Bitcoin price has held in a tight range even as the US dollar index (DXY) has plunged to the lowest level […] The post Bitcoin price prediction as the US dollar index plummets appeared first on CoinJournal. дальше »

2022-12-27 08:17


Bitcoin Bearish Signal: MPI Records Highest Value Since April 2022

On-chain data shows the Bitcoin MPI has surged to its highest value since the April of this year, a sign that may prove to be bearish for the crypto’s price. Bitcoin Miners’ Position Index Has Spiked Up During Past Day As pointed out by an analyst in a CryptoQuant post, this instance is the fifth time that the metric has sent a warning signal. дальше »

2022-12-3 00:00


Will the Crypto Market Become More Volatile as US Inflation Hits 8.2%? Metaverse Projects Like Metacade Could Surge

The USD consumer price index (CPI) came in at 8. 2%. The figure is a year-on-year estimate that is provided on a monthly basis, providing insight into annual price increases for consumers. While it’s unclear just how much inflation will impact the crypto markets over time, the scenario in which crypto benefits could see some major […] The post Will the Crypto Market Become More Volatile as US Inflation Hits 8. дальше »

2022-12-2 10:00