Search results for "BRN"
Friday
2025/04/11
11:33BlockBeatNews

Analyst: The short-term pain in the market may be exaggerated, follow the policy direction of the new SEC chairman.

The year-on-year increase in the CPI for March in the U.S. has dropped to 2.1%, marking the largest fall since 2020, which may lead to a shift in The Federal Reserve (FED) monetary policy. Although Bitcoin has stabilized above $80,000, ETF funds continue to experience a net outflow, indicating a weakening bullish momentum in the market. The debt market alarm has been sounded, with the yield on 10-year Treasury bonds reaching a new high for 2022. The market is not optimistic about pausing the tariff increases, and funds may shift towards digital assets. The SEC chairman's policies could influence market direction, and the crypto market may gain confidence due to changes in the regulatory framework.
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Monday
2025/04/07
16:15BlockBeatNews

Analyst: The crypto market dumping is driven by macro factors, and a rebound may be expected mid-week.

The crypto assets market experienced a dumping on April 8, mainly influenced by global macro factors rather than internal market issues. Investors fled risk assets in favor of safer assets. Despite the market downturn, analysts believe there may be a rebound opportunity in the short term, potentially occurring after the release of economic data.
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14:09BlockBeatNews

Analyst: BTC may consolidate around $68,000 level and be bullish in the medium term.

BRN analyst Valentin Fournier said that the slowing inflow of BTC indicates strong institutional support, but if capital does not re-enter the market in the next few days, momentum may further weaken. BTC may consolidate at current levels and then make another upward push, entering a less volatile calm phase, but the medium-term bullish momentum remains optimistic.
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11:42BlockBeatNews

BRN analyst: BTC price may further drop to around $56,000 near the lower band of the Bollinger Bands

BlockBeats news, on September 2nd, BRN analyst Valentin Fournier stated that "technical indicators indicate that the downward momentum may continue. The MACD shows increasingly negative momentum, while the RSI is at a neutral level. The lower band of the Bollinger Bands is still around $56,000, indicating that the BTC price may further decline to this level." (CoinDesk)
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15:29BlockBeatNews

BRN analyst: The financial market is waiting for Powell's speech, and the volatility of BTC may rise in the next few days.

According to BRN analyst Valentin Fournier, BTC's volatility may rise in the coming days or weeks as the market awaits the announcement from the Federal Reserve at the Jackson Hole Symposium and the release of macroeconomic indicators. The increase in BTC futures contracts may be related to investors' expectations for the Fed policy meeting. If the announcement is positive for the market sentiment, the price will pump to $65,000 and $67,000, but this still depends on the Fed policy meeting decision.
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Tuesday
2024/12/03
03:46GNews
$BTC fell below $96,000 in the short term, analysts say profit-taking and a massive sell wall hinder BTC pump Gate News: According to The Block, BRN analyst Valentin Fournier stated that despite strong market catalysts and increasing investor confidence, BTC still faces significant obstacles in breaking through $100,000. Fournier also pointed out that profit-taking is evident and a huge sell wall of over 4,000 BTC, about $384 million, must be cleared to achieve higher prices. gate data shows that the price of $BTC has dropped by 1.58% in the past 24 hours, with the current price at $96,041.80, Market Cap at $1.89T, and 24-hour trading at $268.09M.
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Wednesday
2024/11/13
09:03GNews
The price of $BTC has dropped by 2.30%, BRN analysts say the main reason for this pullback is profit-taking by large investors. gate news: According to The Block, BRN analyst Valentin Fournier said, "The BTC rally paused yesterday, reaching a high of $90,000 at one point during the trading session. We believe this indicates some large investors taking profits, which may result in a brief pullback before the price resumes its pump momentum." And he stated, "If today's CPI data exceeds expectations, it may trigger market fluctuation." gate data shows that the price of $BTC has dropped by 2.30% in the past 24 hours, with the current price at $87,216.80, Market Cap at $1.73T, and 24-hour volume at $1.67B.
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07:55BlockBeatNews

Analyst: BTC upside potential seems greater than short-term downside risk

The rise of BTC has paused, possibly due to profit-taking by large investors, leading to a short-term pullback, but future technical indicators may indicate a price reversal. Despite the potential for upward movement being greater than short-term downside risks, the released CPI data may cause market Fluctuation.
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