Bitcoin News Thebittimes.Com

October turned the tables in 2021 as the markets rallied hard making leading cryptos gear up to their all-time highs. October and November 2021 attracted heavy bullish sentiments and the crypto markets reached their peak during this period. However, a year later now in October 2022, investors&rsquo ; mood is dampened due to the harsh and ongoing bear markets. Leading crypto s are down for nine months straight with no signs of returning to normalcy. However, the crypto markets are still lucrative as favorite coins are now down nearly to their two-year lows. Also Read: How Many Days Did Bitcoin Take to Get Its First Use-Case? Top 3 Cryptos to Watch Out For in October 2022 1. Bitcoin (BTC) Source: usa.kaspersky.com Bitcoin is currently hovering around the $19,500 mark and despite being down this year, BTC remains not out. The king crypto is known for its volatility and it can swing both ways proportionally in the indices. BTC is fluctuating between $18,000 to $24,500 f...

Bitcoin reached its all-time high in November last year after it skyrocketed to $69,044. The crypto markets have traditionally performed well in October and November, giving birth to the phrase ‘Uptober’ and ‘Moonvember’, respectively. While the markets rallied in October staying true to the ‘Uptober’ moniker, ‘Moonvember’ in November possesses to be a challenge. BTC jumped from $18,000 levels to $20,924 in October and the leading crypto is holding on to its recent gains. However, the markets seem to be on the back foot since Monday displaying mixed trading reactions. The leading crypto is trading on the razor’s edge this week with little to no volatility. Also Read: Shiba Inu: November 2022 Price Prediction Will Bitcoin Spike In November 2022? Source: Pixabay While climbing from $18K to $20.9K was easy during the rally, jumping further in price proves to be a challenge for BTC. The king crypto has been repeatedly rejecte...

Bitcoin is on a slippery slope with various economic factors stunting its growth in the indices in 2022. Its progress now depends on the traditional financial sector as it is correlated with stocks during the ongoing bear markets. Economic changes are impacting Bitcoin, which was previously touted to be ‘foolproof’ amid the market’s ups and downs. The recent CPI data which showed inflation at 8.2% made BTC spike 8% in 24 hours but the crypto shed its gains during the weekend. Also Read: These Are the Top 3 Cryptos To Watch After the Inflation Report Bitcoin October 17th to 24th Weekly Forecast Source: Gulf Crypto BTC is repeatedly rejected at $21,000 levels and is unable to pull its weight above the mark despite multiple attempts. From September to October, BTC was rejected thrice around the $21K levels making it slip back to $19K. Bitcoin has a slim chance to head north this month as the weak global financial news is dragging the crypto down. Another re...

Bitcoin, the world’s leading cryptocurrency is hovering around the $19,400 mark on Monday. The king crypto briefly crossed $20,000 last week before falling to the $19K levels again. BTC is facing stiff resistance at $24,900 and is repeatedly being rejected at these levels since August 2022. The crypto is currently unable to push its value above the $20,000 mark and it is mostly trading sideways in October. Also Read: Bitcoin dominance at 2018 support level: Recovery finally? Bitcoin Latest News Today Source: Wallpaperflare.com The progress toward the next Bitcoin halving currently surpassed 60% on Sunday. As per estimates, the complete BTC halving might occur during the second half of 2023. However, many other statistics estimate that the Bitcoin halving might complete only in 2024 and not in 2023. Source: buybitcoinworldwide.com You can read more details about Bitcoin halving hashrate here for a better understanding. BTC Price Prediction The S&P 500 index is...

Bitcoin briefly slipped below the $19,000 mark on Monday as the S&P 500 index was down 54.85 points on Friday. The S&P 500 index fell 1.51% to reach 3,585 and it is now close to its March 2020 lows. On the other hand, Dow Jones tumbled 9% on Friday and was down 500 points in the day’s trade. The markets printed new lows in Q3, 2022 which may pave the way for another depreciating quarter. Also Read: Celsius founder withdrew $10M prior to bankruptcy filing Pseudonymous crypto analyst Cantering Clark warned investors that if the S&P 500 continues its bearish streak, Bitcoin could correct 40% from its current levels. The analyst stated that if the S&P 500 dips to 3200 to 3400 levels, Bitcoin could go down with it and touch $12,000 to $13,000. “If the S&P 500 drops down to the next major region between 3200-3400. I think the right assumption would be that crypto beta would be at least 2-3x that, which at a minimum means Bitcoin retests the ledge of...