23 min listen
740. Bitcoin Weekend Crash Forecast | Sentiment Analysis
740. Bitcoin Weekend Crash Forecast | Sentiment Analysis
ratings:
Length:
32 minutes
Released:
Aug 29, 2022
Format:
Podcast episode
Description
Stocks sold off sharply Friday after Federal Reserve Chair Jerome Powell said in his Jackson Hole speech the central bank won’t back off in its fight against rapid inflation.The Dow Jones Industrial Average dropped 701 points, or 2.11%, hitting session lows during afternoon trading. The S&P 500 fell 2.43% and the Nasdaq Composite slid 2.97%. Powel reiterated a tough stance against inflation, spurring investors to weigh the implications of higher interest rates for longer. Meanwhile in the crypto markets, not much different. Bitcoin is down over 4% in the past 24 hours, trading at $20,689 at the time of writing, Coinbase data shows. Elsewhere, ether shed 7.8% in the same period to trade at $1,582. ~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
Released:
Aug 29, 2022
Format:
Podcast episode
Titles in the series (100)
587. Bitcoin Weekend Forecast | Technical vs. Sentiment Analysis: On this episode, we're taking a look at technical & sentiment analysis for Bitcoin (BTC and Ethereum (ETH). Yet another technical analyst with a ridiculously bearish outlook... or is this all peak FUD? ~This episode is sponsored by FTX US ~ FTX US... by Tech Path Crypto Investing