Markets News
This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price.
Jon Morgan
Jon Morgan is an “old school” trader and analyst who started in agricultural commodities in the upper Midwest over a decade ago before transitioning to equity futures. Jon has been in the crypto space since 2015 as an active trader, investor, educator and manager. Jon specializes in Gann analysis, Point and Figure charting, and the Ichimoku Kinko Hyo system.
Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower - Market Analysis
Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000.
- Altcoin Watch
Here are 3 altcoins that could surge once Bitcoin flips $35K to support ADA, MATIC and XLM appear well positioned for a bullish breakout once BTC flips the $32,000 to $35,000 zone to support.
- Market Update
Bitcoin price rallies to $32.3K, but three factors could limit its recovery BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price.
- Markets News
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000.
- Altcoin Watch
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing.