Evolution

Bitcoin

Optimism

<p>The U.S. stock markets defy inflation with a persisting climb of the S&amp;P 500 towards 5,000, while the DXY oscillates at a crossroads. Optimism about stable interest rates, according to the FedWatch tool, mixes with a detailed technical analysis of the stock market. Meanwhile, on the cryptographic front, Bitcoin navigates between bullish and bearish waves, creating a tumultuous dance for attentive observers.</p>
<h2 id="h-american-stock-market-s-p-500-towards-5-000-dxy-at-the-crossroads">American Stock Market: S&amp;P 500 towards 5,000, DXY at the Crossroads</h2>
<p><strong>The U.S. stock markets persist</strong> in their climb, defying inflation concerns. Despite uncertainties, the FedWatch tool suggests stable interest rates until March. <strong>The S&amp;P 500 index, showing <a href="https://www.cointribune.com/en/bitcoin-in-retreat-as-the-sp-500-reaches-new-highs/" target="_blank" rel="noopener noreferrer nofollow">a progression of 1.06% last week</a></strong>, is approaching the psychological threshold of 5,000. This rise is encouraged by the prospect of expansionary monetary policies.</p>
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<p>Technically, the analysis of the S&amp;P 500 index reveals <strong>a resistance at 4,900</strong>, but a sustained bullish trend, notes <a href="https://en.coin-turk.com/us-stock-markets-continue-to-rise-amid-economic-growth-and-inflation-slowdown-hopes/?utm_source=coingecko&amp;utm_content=coingecko&amp;utm_campaign=coingecko&amp;utm_medium=coingecko&amp;utm_term=coingecko" target="_blank" rel="noopener noreferrer nofollow">CoinTurk</a>. Buyers aim for 5,000, while a break of the moving average at 4,806 could indicate a deeper correction.</p>
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   Evolution of the S&amp;P 500 Index – Source: TradingView
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<p>On the side of the <strong>US Dollar Index (DXY),</strong> despite resistance to the downward trend line, bulls maintain the price above moving averages. <strong>The 20-day EMA at 103 and the positive RSI</strong> signal upward momentum. A breakthrough of the resistance would drive the index to 104.50 and 106. However, a fall below the moving averages would indicate a strong defense by bears, threatening a drop to 102. Stock markets continue their dance between optimism and caution, making each movement an anticipation for investors.</p>
<h2 id="h-bitcoin-in-precarious-balance">Bitcoin in Precarious Balance</h2>
<p>The recent skirmishes in the Bitcoin exchange reflect a fierce struggle between bulls and bears. On January 28 and 29, <strong>buyers attempted to propel Bitcoin beyond the 50-day moving average</strong>, set at $42,795. However, bears held firm. Current indicators, such as indecisive moving averages and <strong>an RSI near the midpoint</strong>, do not give a clear advantage to either side. A breakthrough above the 50-day moving average could propel the BTC/USDT pair to $44,700 on exchanges, likely prompting a strong reaction from bears. Conversely, a reversal at $44,700 and a fall below the moving averages could indicate a continuation of the range-bound movement.</p> 
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 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/BTCUSD/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">BTCUSD chart</span></a> by TradingView
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<p>On the other hand, a decline below the 20-day EMA at $41,950 and a sustained hold below this level could lead to a gradual descent to $40,000, and potentially down to $37,980. The next trend movement will depend on whether buyers can push the price above $44,700 or whether bears manage to push the pair below $37,980.</p>
<p>The <a href="https://www.cointribune.com/en/will-the-price-of-bitcoin-soon-explode/" target="_blank" rel="noopener noreferrer nofollow">battle on the Bitcoin front</a> continues, leaving observers alert to the future evolution of this cryptographic battle.</p>

Stock market chills: S&P 500 defies gravity while Bitcoin remains in a precarious balance

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