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Bitcoin Price Correlation To U.S. Dollar & Interest Rates

Bitcoin Price Correlation To U.S. Dollar & Interest Rates

FromSchwab Network


Bitcoin Price Correlation To U.S. Dollar & Interest Rates

FromSchwab Network

ratings:
Length:
7 minutes
Released:
Sep 6, 2022
Format:
Podcast episode

Description

"When we see the bitcoin price consolidate, coil, or trade within a tight range, investors can expect a massive move. There were about $75 million in liquidations today. I correlate this to the U.S. Dollar price and movement in interest rates, which makes bitcoin easier to trade. There are still a lot of bitcoin bulls out there. If we break the $17,300 bitcoin price level, it could easily reach $13,000," says Scott Bauer.
Released:
Sep 6, 2022
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.