Coin

<ul class="news-points"> 
 <li>Michael Pizzino tweeted that the crypto market has been down for 3 weeks and posted a negative 9.8% return.</li> 
 <li>The total crypto market cap is valued at $1.13 trillion after witnessing a 1.90% decrease over the last day.</li> 
 <li>Crypto’s total market capitalization might be at risk as a head and shoulders pattern was formed.</li> 
</ul> 
Sharing his observations, Michael Pizzino, a well-known crypto analyst, tweeted that the <a href="https://coinedition.com/market/" target="_blank" rel="noopener noreferrer nofollow">crypto market</a> has been down for 3 weeks and posted a negative 9.8% return. He further mentioned that the stock market continues to climb, despite crypto’s fall. Moreover, the crypto analyst questioned whether this downfall faced by the market could be a “short-term deviation.” 
The crypto analyst further expressed, “I’m macro-bullish on Crypto (&amp; most assets), but the path forward isn’t always clear or straight. Crypto’s transition is much more stagnated than the stock market, but some interesting similarities exist.” Apart from Pizzino, many members of the community believe that the crypto market is observing a downtrend, however, it may also experience a surge over time. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> has been down for 3 weeks &amp; posting a -9.8% return while the stock m… 
 </blockquote> 
 </div> 
</figure> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-market-down-for-3-weeks-is-it-a-short-term-deviation/">Crypto Market Down For 3 Weeks, Is it a Short-term Deviation?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Market Down For 3 Weeks, Is it a Short-term Deviation?

Coin Edition

Inne artykuły opublikowane 1 sie 2023

Blockchain technology lets East African farmers sell globally

Wells Fargo Analyst Slams XRP Army’s Divisive Price Predictions

Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills

Borroe Finance empowers small businesses to scale, grow revenue

Binance Coin (BNB) Price Prediction 2024, 2025, 2026-2030

Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!