News list for " bulk economics"

FalconX Research Director: Bitcoin may remain volatile in the near term until a bullish trajectory appears in Q1 next year

David Lawant, head of research at cryptocurrency prime broker FalconX, wrote in a note that bitcoin's near-term price volatility remains "the most likely scenario" until a "bullishtrajectory" in Quarter 1 2025. "As we move into the final days of the year, the low-liquidity environment is likely to bring more volatility, especially as BTC could see its largest option expiration event in history on December 27," Lawant said.

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2024-12-23 06:40:06
FalconX: Bitcoin Market Seller Tendency Increases, Or Consolidates Near $100,000

David Lawant, head of research at cryptocurrency prime broker FalconX, said: "As the price approaches the $100,000 mark, the sell-side bias intensifies, which means there is likely to be a consolidation near this level [$100,000] in the short term before it continues to break through." At the market level, traders have seized on the prospect of US cryptocurrencies to push bitcoin to the brink of $100,000, a symbolic level for cryptocurrency proponents to counter sceptics who believe digital asse...

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2024-11-25 07:07:59
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