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Price analysis 4/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, ADA, AVAX
Risky assets have been on a roll in the first quarter of 2024. The S&P 500 Index (SPX) rose 10.2% to record its best first-quarter performance since 2019, while Bitcoin rallied nearly 69%. Will the rally continue into the second quarter, or is it time for profit booking? Investors remain upbeat on Bitcoin’s prospects for the second quarter. Expectations of a pick up in institutional demand for spot Bitcoin exchange-traded funds and Bitcoin’s halving is helping maintain the bullish sentiment. Traders need to be careful after the strong Q1 performance because nothing goes up in a straight line. Bull markets are ... (full story)
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- Posted: Apr 2, 2024 3:45pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 289
