Crypto Blog
Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month.
QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term correction due to lingering leverage might transpire.One of the main catalysts of the Bitcoin rally this year and the subsequent improvement in investor confidence is the spot Bitcoin ETF inflows, which peaked on March 12 at a whopping $1.045 million.
However, continued inflationary pressures, particularly in energy, housing, and supply-side expenses, may compel the Fed to reconsider its stance, potentially reducing the expected cuts from three to two. Such a hawkish shift in policy could exert downward pressure on Bitcoin spot prices.that Bitcoin will rebound soon. Expressing confidence in Bitcoin’s price, Woo added the recent pullback was merely a halt in the asset’s journey to a new peak.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Massive Bitcoin Whale With 8,500 BTC Hits Jackpot as Price Hits $73,000Gigantic BTC whale hits $217 million jackpot on Bitcoin as prices surge
Lire la suite »
Here’s When Bitcoin’s (BTC) Price Will Peak During This Cycle: ExpertsCrypto Blog
Lire la suite »
Bitcoin (BTC) Hits ATH on Coinbase: It's More Important Than PriceBitcoin has hit another all-time high, and it might be more crucial than price
Lire la suite »
Bitcoin related tokens STX, RUNE, LENDS see price gains ahead of BTC halvingBitcoin related tokens have seen a resurgence as Bitcoin dominance rises and the largest asset by market capitalization sustains above the $69,000 level.
Lire la suite »
Bitcoin Explodes 11% Weekly but the Chances of a Correction Increase: BTC Price AnalysisCrypto Blog
Lire la suite »
MicroStrategy Trumps BlackRock With New 12,000 BTC Buy at $72,000 Bitcoin PriceMicroStrategy's purchase of 12,000 Bitcoins at $72,000 each solidifies its lead in corporate Bitcoin ownership, surpassing BlackRock
Lire la suite »