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Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin has pulled back toward the middle of the $55,724 to $73,777 range after the bulls failed to maintain the price above the psychological resistance of $70,000. For the bulls waiting for a breakout of the range, August’s historical performance does not offer confidence. Coinglass data shows that August has recorded a meager 2.24% average rise since 2013. The weakness in the equity markets worldwide is casting a shadow of uncertainty on risk assets. The Japanese stock market, Nikkei, fell 6% on Aug. 1, its worst fall since the “Black Monday” crash of 1987. Bitcoin’s $60,000 support may come under serious ... (full story)
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From bnnbloomberg.ca|Aug 2, 2024Wall Street banks are ramping up expectations for an aggressive Federal Reserve easing cycle based on the latest evidence that the labor market is cooling. Economists at Bank of ...
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From @PiQSuite|Aug 2, 2024|2 commentspost:
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- Posted: Aug 2, 2024 2:05pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 166
