Bitcoin

Sharp U.S. Futures Recovery Hints Bitcoin Will Retest $10K This Week

Spot bitcoin price was up 1 percent as the U.S. futures recovered sharply on Sunday evening. The S&P 500 mini had opened lower amid uncertainty about the effect of riots in major...

Yashu Gola | 2 days ago
bitcoin sp 500 stock market great depression
Bitcoin

Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great...

A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further...

Cole Petersen | 7 days ago
Bitcoin Price

Bitcoin Correction Fears Mount as S&P 500 Prints Signal That Preceded 35% Crash

It’s a common sentiment now that Bitcoin benefited from the recovery in stocks since the March lows. After all, if stocks had continued to crash, there likely would have been a...

Nick Chong | 3 weeks ago
bitcoin gold commodities
Bitcoin

Bicoin is a Better Store of Value as Gold’s Correlation With S&P 500 Rises to...

Bitcoin rallied from $3,800 to $10,000 in two months of volatile trading. The maligned cryptocurrency outperformed its hedging rival Gold on a year-to-date timeframe. Gold...

Yashu Gola | 3 weeks ago
Bitcoin

Chilling 32% Crash Prediction for S&P 500 Puts Bitcoin Price Rally At Risk

Bitcoin is looking at red flags in its year-to-date price rally because of its short-term correlation with the S&P 500 index. Doug Ramsey, the chief investment officer of the...

Yashu Gola | 3 weeks ago
bitcoin price stock market
Bitcoin

Morgan Stanley Strategist Calls For More Stock Market Upside, Will Bitcoin Follow?

Despite an over 30% rally from lows, Morgan Stanley’s chief equity strategist in the US who accurately called the recent Black Thursday bottom that rocked Bitcoin and other...

Tony Spilotro | 4 weeks ago
S&P 500 bitcoin goldman sachs sp500
Bitcoin

Goldman’s Chilling S&P 500 Crash Prediction Makes Bitcoin Vulnerable in Mid-2020

American banking giant Goldman Sachs has made a bleak prediction for the S&P 500 and its one that will impact Bitcoin and the rest of the crypto market. According to the firm, the...

Tony Spilotro | 1 month ago
Bitcoin

Bitcoin Correction Fears Intensify as Goldman Sachs Warns a Chilling Stocks Downturn

Bitcoin risks wiping off its recent gains as fears of a vast stock downturn grows among researchers. Both Bitcoin and the US benchmark have shown positive correlation since March 2020...

Yashu Gola | 1 month ago
Bitcoin Price

Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad for Crypto

After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has...

Nick Chong | 1 month ago
Bitcoin
Bitcoin

Why One Analyst Thinks the S&P 500 Will Determine the Fate of Bitcoin

Bitcoin has established a striking correlation to the legacy markets throughout the past several weeks, with this coupling holding strong despite BTC making several attempts to break...

Cole Petersen | 2 months ago
bitcoin better than gold
Bitcoin

Bitcoin Outperforms Stocks in Q1 Despite Worst Month Since Jan 2018

Bitcoin just experienced its worst month since departing from its all-time highs 2 years ago, but still the leading crypto managed to outperform the US stock market in the first...

Anatol Antonovici | 2 months ago
Stock and Oil Markets Unravel Further, Is Bitcoin Next?
Bitcoin

Stock and Oil Markets Unravel Further, is Bitcoin Next?

Stock and oil markets extended their decline to new lows on Wednesday, as investors are in a rush to cash in amid the COVID-19 pandemic. Bitcoin has shown a striking correlation to the...

Anatol Antonovici | 3 months ago