Cena SPX69000SPX

The attention of traders focuses on Bitcoin market movements because they want to detect potential price reversals during negative market indicators. Bitcoin market analysts now predict the digital currency will find its lowest point at $70,000, which has sparked extensive expert evaluation on market trends and technical indicators. A tweet from Wu Blockchain presented Arthur Hayes’ view on Bitcoin’s potential price correction. Hayes stated that Bitcoin may bottom near $70,000, representing a 36% decline from its $110,000 high. He projected Bitcoin to reach $250,000 by year-end and $1 million in the long term. Arthur Hayes said that BTC may bottom out at around $70,000, a 36% correction from its all-time high of $110,000, which is normal for a bull market. Earlier, Arthur Hayes predicted that Bitcoin would first fall to 70,000 to 75,000, and then rise to 250,000 by the end of the year,… Another tweet by Hayes advised patience in trading. He explained that traditional stocks, such as $SPX and $NDX, are expected to decline. Hayes also noted that central banks may ease policy after market corrections. Traders may consider buying the dip or wait for easing before deploying capital. A technical chart shows a trend-following view with short-term momentum overlays. Two moving averages, the 9-day EMA and 21-day EMA, indicate trend direction and potential reversals. The 9-day EMA reacts quickly to recent price changes, while the 21-day EMA smooths short-term noise. A bearish crossover occurred in late February when the 9-day EMA fell below the 21-day EMA. The MACD analysis presents negative momentum. The MACD line is -3,725.87, and the signal line is -3,005.65. The MACD histogram remains at -720.22, indicating persistent bearish momentum. Histogram bars contract slightly, suggesting a reduction in momentum. Earlier bullish crossovers in November captured the rally that pushed prices above $110,000. Analysts note that these events contrast with the recent bearish crossover observed in February. The technical indicators remain consistent with the current downtrend and reflect price weakness. As this article is written, Bitcoin holds a market value of $80,397.19 while processing $60,654,144,656 worth of transactions throughout the day. The price dropped 2.37% on the day and decreased 4.52% throughout the past week. The asset remains below both EMAs, which continue to slope downward. Bitcoin is testing support near the $76,000 to $80,000 zone, a level that served as resistance during a Q4 rally. Immediate support is identified at $76,000, while resistance ranges between $85,000 and $88,000. A close above $82,000 could signal short-term recovery. A break below $76,000 may lead to further decline and test the $70,000 level. These levels are critical for future price action. Market participants exhibit increasing worry about a potential economic contraction within the United States. Market activity has suffered effects because of rising inflation alongside increased interest rates as well as geopolitical tensions. The proposal of reciprocal tariffs by President Donald Trump increased market uncertainty. These elements produced a major market reduction across the board. Analysts monitor such developments alongside technical indicators. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Well-known Meme Coin KOL Murad has seen a significant decline in his crypto portfolio over the past two weeks.His total assets currently stand at $9.72 million, reflecting an overall account drop of 39.59%.Murad’s largest holding, SPX, has fallen to $0.28, a 30.12% decline, with a total holding of 29.964 million SPX, valued at approximately $8.48 million.

I didn't tail hedge SPX last week Sell 1x 0.25 delta put Buy 2x 0.10 delta put Of course when I didn't we are having tail event today 😂

Next up is the squeeze in the SPX500 & Nasdaq

$BTC vs. SPX vs. Gold Q4 was bullish for all three of them, but since then things have changed. Gold looks like it has entered up-only mode while SPX and BTC are going down. Looking at SPX correction, BTC could go around $72K-$74K before a bottom formation.