Category Archives: Blogs

Market Research Report: Stocks, BITCOIN and Correlation with Traditional Financial Markets.

During the Easter break last weekend, after the March inflation report was released, US stocks closed slightly higher than expected: the CPI rose 8.5% above consensus expectations. is 8.4%. Supplier prices were also higher than expected, with the PPI rising 11.2% from a year ago and marking the biggest gain since 2010; The S&P 500 […]

What caused Bitcoin to slide down to $38,500 causing extreme fear among investors?

At noon this afternoon, the Bitcoin price suddenly plunged to about $ 38,500 according to the information recorded on the Binance exchange, today’s BTC price has hit its lowest level since March 15. Let’s find out why with Primexbttradingnow.com What leads to this? If you don’t have an account Primexbt Login or register here Having lost […]

Cryptocurrencies especially BTC will thrive when the market is down.

Billionaire investor David Rubenstein recently joined the podcast “Invest Like the Best” and discussed the impact of Russia’s invasion of Ukraine. Rubenstein explained that the war has caused inflationary pressures in post-Covid economies in Europe and the US, which has catalyzed people’s interest in cryptocurrencies more. “I was skeptical about crypto in the first place […]

The rare Bullish signal in Bitcoin’s bullish history reappears. Is 39,650 USD the bottom?

Investors who believe in the price of BTC seem to believe that the $39,650 mark has marked the bottom, but a death cross on the daily chart suggests otherwise. So whether BTC will rise from here or will there be further declines, let’s analyze with Primexbt trading. If you don’t have an account Primexbt Login or […]

Bitcoin and ETH bottoming? Should we trade BITCOIN now?

Bitcoin and ETH bottoming? Several events occurred in the past 2 days that caused Bitcoin price to suddenly break the support level of 46,000 USD and drop to 41000 USD according to statistics from Tradingview. So what is the real reason for the BTC plunge and is there a chance for BTC to reverse the […]

Bitcoin suddenly increased sharply. Trading BTC now.

Bitcoin suddenly increased sharply In 2 days, December 22 and 23, BTC increased to 6000 prices, equivalent to more than 10% of the price. This took place in the context of consecutive weeks BTC had a decline and investors were bewildered. The increase in BTC price somewhat eased the pressure on investors, reinforcing confidence in […]

BTC bounced back up. FAKE OR REAL?

According to data Onchain BTC may soon increase in price again. Bitcoin volatility continues. After falling below $46,000 on Monday, BTC was able to make a strong recovery, marking a high above $49.3k on Tuesday. Let’s analyze the current market with Primexbttradingnow. Looking at the following chart, the midline in Bollinger Bands can act as […]

The “death cross” that pushed BTC price down to $28.8k in early May has reappeared. $44,000 MAY BE A ‘bottom’

The “death cross” that pushed BTC price down to $28.8k in early May has reappeared A bearish crossover between Bitcoin’s 20-day and 200-day exponential moving averages suggests a drop towards the $40,000 – $42,000 region. If you don’t have an account Primexbt Login or register here On December 18, BTC price experienced a death cross, a […]

Bitcoin is down $15,000 and currently trading at $48,000 causing a 20-40% drop for altcoins

It hasn’t really been a good week for crypto investors, as the massive drop caused Bitcoin to lose 30% of its value quickly. The coin that was trading in the $50,000 to $60,000 range fell to the $40,000 level in a few hours. As expected of such a drastic drop for Bitcoin, altcoins were also […]

Ethereum approaches a new ATH, but data from analysts reflects investor skepticism in the market.

Ethereum approaches a new ATH, but data from analysts reflects investor skepticism in the market. Since yesterday, BTC’s rally led to altcoins and led by Ethereum (ETH) also recovering quite strongly. ETH seems to be on its way to a new all-time high (ATH), but actual data shows that investors are a bit skeptical about […]