Q1 2023 Market Analysis: Will Bitcoin Rise Against USD and Above $32,000? | HackerNoon

- Bitcoin is entering into a new consolidation phase after a strong rebound in Q1. - The overall rise of the S&P 500 covered the sluggishness of the whole market. As S&P 500 companies release their Q1 earnings, EPS predictions will be reduced. The trend of narrowing profit margins might continue till year-end.

- International capital inflows into the US will further slow down and foreign purchases may even register next decreases as countries accelerate their de-dollarization process. - Amid the revolt against the US dollar, Bitcoin may return to above $32,000 thanks to catalysts including a slowdown in inflation, mitigation of energy issues, the ceasefire in the Russia-Ukraine war, and the reverse of the M2 supply trend.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Volkswagen Has A Huge Avenue For US Market Expansion — If It Takes It - CleanTechnicaIn the first quarter of 2023, Volkswagen accounted for less than 2% of the US auto market. It doesn’t have a big presence in the US. But it could. Toyota (+11% of the market) and Honda (+7% of the market) grew to become huge players in the market. Hyundai and Kia (+5% of the market […]
Fuente: cleantechnica - 🏆 565. / 51 Leer más »