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Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K

Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.

Continue ReadingGoldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K

Elon Musk, Cathie Wood sound ‘deflation’ alarm — is Bitcoin at risk of falling below $14K?

Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate.

Continue ReadingElon Musk, Cathie Wood sound ‘deflation’ alarm — is Bitcoin at risk of falling below $14K?

Potential Bitcoin price double-bottom could spark BTC rally to $30K despite ‘extreme fear’

The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises.

Continue ReadingPotential Bitcoin price double-bottom could spark BTC rally to $30K despite ‘extreme fear’