Bitcoin May 1 daily chart alert - Price downtrend in place; bears have edge

Kitco News News

Bitcoin May 1 daily chart alert - Price downtrend in place; bears have edge
GoldSilverPlatinum
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 57 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 127%
  • Publisher: 78%

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

Jim is the proprietor of the"Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com. Jim is also a consultant with the highly respected"Pro Farmer" agricultural advisory service. Jim was also the head equities analyst at CapitalistEdge.com.

- Optimism regarding the health of the U.S. economy remains relatively upbeat, with many economists seeing the chance of a recession as unlikely as the U.S. labor market remains robust. - Wednesday, May 1—May bitcoin futures prices are lower again and hit a two-month low in early U.S. trading Wednesday.Gold is the cornerstone of stability as government debt rises out of control - abrdn’s Minter

Australia is set to approve a new wave of spot Bitcoin ETFs for trading on ASX by the end of 2024 while the debut of BTC and Ether ETFs in Hong Kong was met with a muted response.Gold market sees its best start in eight years as Asian retail demand and central bank purchases dominate Q1 - World Gold Council

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Gold Silver Platinum Palladium PGM Platinum Group Metals Metals Precious Metals Mining News Crypto News Bitcoin News Ethereum News Mining News Interviews Economic Reports Forecasts Central Banks US Dollar Charts Tech Metals Rare Earth Metals Currency Global Economy International Policy Politics Bank Forecasts Market Nugget Mining Minutes Roundups

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin halving price prediction – Identifying BTC’s potential price levelsBitcoin halving price prediction – Identifying BTC’s potential price levelsBitcoin [BTC] finds itself at a crucial juncture now with only a few hours left for the much-anticipated 4th halving. However, according to..
Read more »

Bitcoin price sees choppy price action near $64k after ETF flow slowdownBitcoin price sees choppy price action near $64k after ETF flow slowdownThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Ethereum Price Falls by 14.48% in May, Execs Anticipate Uptick After Bitcoin HalvingEthereum Price Falls by 14.48% in May, Execs Anticipate Uptick After Bitcoin HalvingDespite a 14.48% drop in price, executives anticipate a significant increase in Ethereum's value, especially after Bitcoin's halving. Some researchers suggest that a possible denial of an ETF may not have a significant impact on the price.
Read more »

Cardano’s price may surprise you after Bitcoin’s halvingCardano’s price may surprise you after Bitcoin’s halvingSimilar to most cryptos, Cardano [ADA] bears were leading the market as the token’s price charts remained red.
Read more »

Earn USDC Staking Rewards With Octoblock Which May Outperform Bitcoin PriceEarn USDC Staking Rewards With Octoblock Which May Outperform Bitcoin PriceDeFi (Decentralized Finance) is a universe of investment possibilities, but it is difficult to manage the intricacies and ensure the long...
Read more »

Dogecoin’s May 2024 price prediction – Look out for these price targets!Dogecoin’s May 2024 price prediction – Look out for these price targets!DOGE's price has been known to register a positive return in the 5th month over the past few years. In May 2021, for instance, Dogecoin...
Read more »



Render Time: 2025-02-25 11:39:31