Tag: spx

Apr 25 2022

Elon Musk Buys Social Media Giant: What This Means For Crypto Twitter

Apr 25 2022 Published at Bitcoinist.com under tags  altcoins bitcoin crypto elon musk s&p 500

Elon Musk will acquire popular social media platform Twitter for $43.4 billion. The Tesla and SpaceX CEO has long used the platform to promote crypto assets like Dogecoin and Bitcoin, post memes, and get himself in trouble with the SEC. Musk aims to launch "new features," "increase trust" by making "algorithms open source," defeat spam...

Jan 30 2022

Bitcoin Price $BTC above 38K! Bear Market Over? Look at US Equities!

The Bitcoin price has broken the $38,000 mark and may have entered an important support zone. This important achievement could open the way up again. Currently, the question is how quickly can Bitcoin get back into the 40,000s. ...

Jan 25 2022

Crypto Correlation: Comparing Bitcoin And The S&P 500 Flat Correction

Jan 25 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price this week touched $34,000 per coin, sending chills down the spines of once bullish crypto investors. But before you consider waiving the white flag and ditching your coins for good, take a look at this comparison between the top cryptocurrency by market cap and the S&P 500. Bitcoin is currently in a wave 4 flat correction. The current...

Jul 08 2021

Astro Crypto: How Solar Cycles Could Influence Bitcoin, VIX, & The Stock Market

Jul 08 2021 Published at Bitcoinist.com under tags  astro crypto astrology bitcoin btc btcusd

Markets are cyclical, and so is the sun, moon, and the rest of the solar system. But could solar cycles specifically be what controls the ebb and flow of financial markets like Bitcoin and stocks? A study of the VIX, the S&P 500 and cryptocurrency concludes that there may be something more to the relationship. And with the sun waking up...

Oct 30 2020

Double Top Warning in S&P 500 Pressures Bitcoin Lower

Bitcoin is entering a period of uncertainty amid a growing conflict between its fundamental bullish mood and bearish technical setup. The benchmark cryptocurrency has attracted hundreds of millions of dollars worth of capital from corporations that see it as a hedge against a potentially weaker US dollar. At the same time,...

Oct 20 2020

Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Oct 20 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdc btcusdt

Recently, the discussion around Bitcoin "maturing" and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut...

Oct 19 2020

Black Monday Anniversary: Why Bitcoin Investors Should Be Concerned

Oct 19 2020 Published at Bitcoinist.com under tags  bitcoin btcusdc btcusdt spx spy

Today marks the 33rd anniversary of the Black Monday on Wall Street that sent stocks setting historic records for intraday declines. Although this year already had a similar day of its own, there's reason to believe that another collapse could happen in Bitcoin. Here are the primary factors behind what could cause the crypto market to drop on the ominous anniversary. Will Bitcoin...

Sep 14 2020

S&P 500 Price Forecast: Ready For A Bounce to the 3,440 Level

Sep 14 2020 Published at CryptoTicker under tags  crypto s&p s&p 500 s&p 500 open spx

The S&P 500 closed at 3,340 after defending the 50-SMA on the daily chart. The bounce was notable, from 3,310 to 3,369 and bulls are now hoping to see a continuation move from this bounce. The last candlestick is fairly close to a bullish reversal hammer, however, bulls needed a bit more strength. [caption id="attachment_77687" align="aligncenter" width="2223"]...

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