Stocks and Bitcoins: Where do we go from here?

rds, the justification for prices having risen or fallen is easy: Excess quantities demanded pushed prices higher; excess quantities supplied pushed prices lower. The problem with predictions, however, is that of timing. Prices are influenced by myriad factors — often with opposing consequences — and it’s difficult to assess which factors will be overriding and when.

I’ve been thinking about this dichotomy largely with two markets in mind: The US equity market and the Bitcoin market. Both of these markets are down from previous highs. As of this writing, the S&P500 index has fallen by almost 16% from its peak in December of last year. The drop in the price of Bitcoin has been sharper. Bitcoin prices peaked in November 2021, with a price of $64,400. Today, it’s down by almost 50%.

Given the earlier history, it’s not out of the question that stock market values could fall by even as much as another 50 percent, but I expect few analysts to be anywhere near this pessimistic. It seems much more likely that while some further price declines could very well occur, we’re probably not all that far away from reaching a bottom. At the same time, the case for unbridled optimism seems tenuous, at best.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

European stocks hit 2-month lows on mining, tech lossesEuropean shares hit two-month lows on Monday, led by miners as investors fretted over a sharp economic slowdown in China due to prolonged COVID-19 curbs, while surging bond yields kept technology stocks under pressure.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Asia-Pacific Stocks Slip; China's April Trade Data AheadChinese trade data for April is set to be out later on Monday, while markets in Hong Kong are closed today for a holiday. I See! 😁
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »

Stocks end rocky week with their 5th straight weekly declineInvestors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation. Thanks Biden!
Herkunft: cleveland19news - 🏆 70. / 68 Weiterlesen »

Stocks trim losses as investors eye headwindsStocks dipped on Friday, capping a volatile week in U.S. markets as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth. 'might ' PamJiles Lee veterana Let’s go Brandon!💯👍🏽🇺🇸
Herkunft: CBSNews - 🏆 87. / 68 Weiterlesen »

Wall Street, dragged down by tech stocks, racks up more heavy losses6
Herkunft: washingtonpost - 🏆 95. / 72 Weiterlesen »

Stocks Making the Biggest Moves in the Premarket: Palantir, Rivian, Uber and MoreThe stocks making the biggest moves in premarket trading include Palantir, Rivian, Uber, and more.
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »