Bitcoin ends week 'on the edge' as S&P 500 officially enters bear market

As Cointelegraph, various sources had called for Bitcoin to fall once again in a manner similar to last week's capitulation event.

Continuing the conservative macro outlook, fellow Twitter commentator PlanC argued that external shifts could still bring Bitcoin down significantly from current levels. "If the Crypto market was in a bubble I would say 25k to 27.5k is the Bitcoin bottom, but there is a decent probability that macro factors drag us down to 22-24k. Significant black swan, 15-20k becomes a possibility," part of a

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I actually extrapolated a current bitcoin total supply, pretending the lost coins with 7+ years where burn to assess what the actual price could have been.

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What do you think about Bitcoin state at the moment, because its Fear and Greed index is 29 - FEAR with price of 29288.242909402313 usd? Our analytical team has done detailed BTC research, but we want to hear your opinion too.

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Why everybody is silent about this?

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Stocks tumble on recession fears, with the S&P 500 nearing a bear marketHigh inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook. This is what you get for keeping Quantitative Easing for way too long. Interest rates should have been boosted *long* ago. If we had kept QE any longer, we would've met the same fate that Japan and Turkey are now facing--a currency crash. 💴🔥 So we just sent $40 billion to Ukraine.. Hmm BIDEN 2024 !
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Deutsche Bank cuts baseline market forecast and sees S&P 500 at 3,000 if there's a recessionStocks could be in for much more pain ahead if a recession is imminent, according to Deutsche Bank's Binky Chadha.
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S&P 500 briefly falls into bear market territory as recession fears mountThe Dow fell for the eighth straight week, its longest slide since 1923. The S&P briefly entered bear market territory before closing slightly higher. Me looking at the stock today 😂 Tell me one good thing that Biden has done since he won? Smh BearMarketBiden
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S&P 500 falls into bear market, joins NasdaqThe broadest measure of the U.S. stock market entered a bear market on Friday. The bull will wake up soon. Funny that sanctions on the Russian Bear caused this bear market. Big ole Bear too... Covid panic was anomalous.... this is the 'big one' pullback that was long overdue after the decades long, Fed-fuled bubble post-2008. This one is just getting started... get used to the idea of 1850 on the S&P 500.
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S&P 500 slips below bear-market thresholdThe S&P 500 on Friday traded below 3,837.25, the level that marks a 20% pullback from the large-cap U.S. benchmark's Jan. 3 record close. A finish below that...
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S&P 500 drops into bear market territory as recession fears mountThe S&P 500 fell into bear market territory Friday, slipping more than 20% from its record high and potentially ending the bull run that began in March 2020 you won't see the S&P 500 above 4000 again for a good few years. Big crash coming. Seems like I heard this would happen.
La source: CNN - 🏆 4. / 95 Lire la suite »