News with the tag "Market outlook"

Former President Donald Trump is set to announce his pick for the next Federal Reserve Chair, a decision that could significantly influence monetary policy and the cryptocurrency market.

The Sentora report warns of a potential Bitcoin price drop to a critical support level of $105,000, where significant historical buying activity could stabilize the market.

Bank of America has issued a bearish forecast for the US Dollar, citing limited positioning constraints and multiple factors that could drive its depreciation, impacting global forex markets and investment strategies.

Analyst Jeff Park predicts significant upside potential for Bitcoin, citing low open interest, low implied volatility, and low liquidity as indicators for a possible explosive price surge.

ING analysts predict a significant downside for the NZD/USD pair due to domestic challenges in New Zealand and global economic headwinds, which may weaken the New Zealand Dollar against the U.S. Dollar.

Key indicators suggest a potential continuation of the Bitcoin bull run, with institutional accumulation and historical support levels pointing to possible future gains.