Arslan Butt
Crypto Writer
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis for traders at all levels.
Over the past 24 hours, the Bitcoin price has made another key advancement, pushing past the resistance at $69,000, though it has since retraced. One analyst, however, thinks the push could go much further, noting a breakout from a multi-month downtrend in its early stages.
The post Bitcoin Price Forecast: Analyst Warns BTC Amid Major Breakout as Resistance Weakens appeared first on Cryptonews. …
Bitcoin nears $97K as stocks rebound. Crypto up 29% in 6 months vs S&P’s –2%. Is this the decoupling signal BTC bulls have been waiting for?
The post Bitcoin Price Prediction: The Stock Market Just Sent a Major Buy Signal — Time to Buy? appeared first on Cryptonews. …
Crypto is down today, as the total cryptocurrency market capitalization has seen a significant shift, dropping 4.4%, now standing at $3.4 trillion. The total crypto trading volume is at $119 billion at the time of writing.[Q1]Why did crypto move against stocks today?[/Q1][A1]While the cryptocurrency market is experiencing a downturn, US stock markets are showing modest gains on 15 May. The crypto market is waiting for additional macroeconomic cues, and traders are engaging in profit-taking. Investors seem slightly more confident in the stock markets today, with the S&P 500 rising 0.1%, and the Nasdaq-100 increasing by 0.6%. That said, the Dow Jones Industrial Average is currently down by 0.2%.[/A1] [Q1][/Q1][A1][/A1][Q2]Is this dip sustainable?[/Q2][A2]Following a recent rally, investors seem to be locking in profits, driving a dip. Though a long-term upturn may resume, a short-term dip looks sustainable due to technical cooling, reduced activity, and general macro caution.[/A2]
The post Why Is Crypto…