Category: Correction
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Is Bitcoin (BTC) Headed For A Deeper Correction? $56K Breakdown Could Spell Trouble
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Bitcoin is currently experiencing volatile and uncertain price action, with the recent 10% correction sparking investor concerns. While this decline is smaller than the 30% declines seen in recent months, it is doing much more damage to market sentiment as investors grow increasingly concerned about ongoing market dynamics. The mood…
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Chart Art: Long-Term Correction Levels on GBP/CAD
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This GBP pair has been trending higher for some time now and looks ready to test its long-term support area soon. Is the uptrend still our friend in this case? I take a look at these turning points that I am watching on the daily time frame. GBP/CAD Daily Currency…
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Correction or collapse? Market analysts give their views
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As global markets slump and investors wonder what to do with their portfolios, Globes asked leading figures in the capital market what they think of the situation. Rinat Ashkenazi, chief economist at Phoenix Investments, doesn’t think we’re headed for a sharp, prolonged market slide. “I’m going to be the reassurance…
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Nasdaq on course to confirm correction as recession fears mount By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Friday, confirming a slide into correction territory after a weak jobs report raised concerns about an impending recession. Nonfarm payrolls increased by 114,000 jobs last month, the Labor Department said, well below the 175,000…
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Dollar rally in previous years still leave much room for correction – SocGen
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The firm claims that the dollar’s appreciation over the 2021-22 period means there is still room for a deeper correction in the US currency’s downward momentum ahead. The firm does not expect the dollar to test the lows it hit at the end of 2020, but says the currency is…
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Analyst Warns Of A POPCAT Correction Following 230% Surge
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Solana-based Popcat (POPCAT) has been making headlines over the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in value in the past month, pushing the coin to its all-time high (ATH). However, one cryptocurrency analyst has warned…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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Why stocks may be due for a correction
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The markets may seem unstoppable, but it’s important not to become complacent. “There’s definitely some level of froth (in the markets),” Fed Watch Advisors founder Ben Emmons told Yahoo Finance’s executive editor. Brian Sozzi on him Opening show Podcast (Watch or listen to the video above) here“There is a lot…
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Chart Art: Major Correction Brewing on USD/JPY?
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Are we finally seeing signs of a pullback in the USD/JPY rally? The pair retreated after reaching a ceiling at the key psychological level of 162.00 and looks ready to drop to nearby Fibonacci retracement levels. This is the correction area I am watching on the 4-hour chart. USD/JPY currency…
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Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction
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Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…
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Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction
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Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…
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Bitcoin Price At Risk Of Further Correction – Here’s How
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A popular cryptocurrency analyst explained how the price of Bitcoin could be at risk of further decline based on the current distribution of Bitcoin supply around the price. This price range for Bitcoin holds a critical supply barrier at recent days mail On the X platform, prominent cryptocurrency expert Ali…
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Bitcoin Price At Risk Of Further Correction – Here’s How
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A popular cryptocurrency analyst explained how the price of Bitcoin could be at risk of further decline based on the current distribution of Bitcoin supply around the price. This price range for Bitcoin holds a critical supply barrier at recent days mail On the X platform, prominent cryptocurrency expert Ali…
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Chart Art: Trend Correction Levels on Gold (XAU/USD)
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Gold has just broken through the consolidation zone, but the question now is whether this breakout is legitimate or an illusion in the making? Where could the market move next either way? Take a look at these nearby inflection points. Gold (XAU/USD) 4-Hour Frame Chart by TradingView Watch out, gold…
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CORRECTION: CAA North & East Ontario and Canadian Museum of Nature announce ‘natural” partnership
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire …
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Chart Art: Gold (XAU/USD) Correction to Area of Interest
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Did you miss gold’s strong breakout? This could be your chance to follow the trend if you are still bullish on the precious metal! Take a look at this confluence of levels I’m seeing on the 4-hour time frame. Gold (XAU/USD) 4-Hour Frame Chart by TradingView Watch out, gold bugs!…
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Solana Snowfall? Price Plunges Amidst Market Correction
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Solana, the high-speed blockchain that was once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has seen a major correction, currently trading at $145. Analysts warn of a potential free fall, citing external market forces and…
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Crypto token unlocks could lead to market correction
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The cryptocurrency market’s current bull cycle may be shorter than previous ones and is unlikely to end with a significant altcoin rally. As reported by 10x Research analysts, cryptocurrency investment funds, which will concentrate a significant share of coins in the future, may be the reason behind this. Be careful…