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

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

In this article, we’ll review developments in the crypto market and macro environment and provide predictions for the next quarter. - web3 bitcoin

- 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.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 532. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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 […]
La source: cleantechnica - 🏆 565. / 51 Lire la suite »