Is this the week Bitcoin finally ends its losing streak? While things are starting off strong, analysts are divided. (Reporting via WilliamSuberg)
“Not sure if we should be very bullish here on BTC + ETH,” fellow trader and analyst Crypto EdHe pointed to thin weekend volumes supporting the bounce, suggesting that higher levels did not have the bid interest required to cement themselves as new support yet.
“Once again a great example to be cautious over the weekend. Too often you get played on thin order books hence I prefer to not open new positions over the weekend.”CME Bitcoin futures 1-hour candle chart. Source: TradingViewWith United States markets closed for a public holiday on May 30, it will be up to Europe and Asia to dictate the day’s mood.
Monetary tightening from the Fed and other central banks has not only got stock traders down but has ignited talk of a major recession as the price economies pay.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | As World's Mega Rich Geared Up for Davos, Central Bankers Went Rogue — and Rational'Outside of billionaires and people starstruck in their presence, rational people mostly all agree we need to make our Earth a much more equal place,' writes Sam Pizzigati. Too_Much_Online TaxTheRich
Read more »
EUR/USD Forex Signal: Strong Bullish RecoveryIt is increasingly likely that we have seen a major trend reversal.
Read more »
Bitcoin to set a new record 9-week losing streak with BTC price down 22% in MayBitcoin prepares for a record ninth straight week of losses while BTC price action stays paralyzed.
Read more »
Everything to know about the new 'Barbie' movie starring Margot RobbieRobbie said the movie will be 'the thing you didn't know you wanted.'
Read more »
Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week – Market Updates Bitcoin NewsBitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June.
Read more »
15 things to do with kids in Philly this weekDaily News | 15 things to do with kids in Philly this week
Read more »