Here’s when Bitcoin might stop the slide and start pumping, according to on-chain analytics firm Santiment

Director of marketing at blockchain analytics firm Santiment, Brian Quinlivan, is listing two developments that could trigger a recovery in the price of Bitcoin (BTC).

Quinlivan says in a new video that accumulation by whales and sharks (those holding between 10 and 10,000 BTC), as well as widespread fear, uncertainty and doubt (FUD) among cryptocurrency traders and investors could inspire a trend bullish for Bitcoin.

“Since the beginning of the month [of April]these last four weeks or so we are watching whales and sharks actually profit and the price apparently follows them.

And until they start to reverse course and resume their buildup, it can be argued that we will continue to slide very slowly until the crowd gets really, really scared. As November 2022 was with the FTX [crypto exchange] would collapse or the whales would just decide “you know what, prices are low enough.” I’m going to start raising those prices again.’”

According to Quinlivan, the stock and cryptocurrency markets currently enjoy a directly proportional relationship.

“There’s a pretty strong correlation right now between cryptocurrencies and the S&P [500 index]…

The way the Federal Reserve is made, the way inflationary policies have been here in the United States, at least in the last few years, have had a huge impact on the rest of the markets. So until that changes, we need to be aware that the way the US stock market has been going lately has had an impact on the way cryptocurrencies are going.

And it could emphasize a bigger drop than cryptocurrencies, otherwise it would tell itself if the S&P was stable right now. So this could actually be a positive argument indicating that if the S&P starts to recover, cryptocurrencies could see some relief as well.”

Image generated: DALLE3

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected] kashmiri girls sex jayasex desi bhabi xxx xlnindia 1st time sex video たかはししょうこ動画 真正中出し3本番 彩乃なな sex film sexy film xnxx indian teens
ano nga ba ang pangarap hello heart episode 3 reshma hot saree images xvidies com bihar chudai heroine photo hot dasixx ileana d'cruz hot photoshoot hindi movi
www sxe vidoes boops sucking dehati fuck chuk chuk rail gujaratisexvidio probinsyano october 18 2021 full episode ang probinsyano july 14 2022 قصص سكس كرتون سكس بنات تخينة