Ethereum News by Thebittimes.Com

Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern Spot crypto ETFs logged large outflows on Wednesday following the release of the Fed meeting notes Bitcoin’s price has fallen from a high of $102,667 reached on Tuesday, January 7 to $94,890.00 as of publishing, but remains within the last H4 demand zone. BTC/USD Chart by Trading View While the demand zone between $92,000 and $97,000 may be the last support level on the H4 timeframe, a broader market view shows that BTC is in a premium zone on the daily time frame. As a result, a push below $92,000 still puts the price in bullish territory. BTC/USD Chart by TradingView The best technical buy levels would either be at the last break of structure on the daily timeframe or at the 50% Fibonacci level from the lowest point to the break. BTC/USD ...

Amid the ongoing interest in the asset, the gold price has continued its dominant performance throughout 2024, setting a new all-time high on September 12th. Indeed, the metal has reached a price of $2,545 surpassing the most recent landmark price set in August. The record highs have been a trend for the asset throughout this year. The asset has continued to up the ante after first breaking through the $2,000 mark at the tail end of 2023. The question now is, just how high can the asset go during the final four months of the year? Source: iStock Also Read: Gold Prices Moving Toward $2,950: Analyst Explains Gold Sets All-Time High Just One Month After Record Surge Gold has long been an interesting asset to observe. The metal is a safe haven investment and thrives in periods of geopolitical uncertainty. That has seemingly magnified its value throughout this year. As macroeconomic factors remain questionable, and there is certainly turmoil abounding the globe, the metal has surged in valu...