Bitcoin Weekly (11/7/2022)

Maybe Halloween isn't so scary after all. Bitcoin (BTC) never fell below the $20K mark during the week of Halloween in the US despite the Fed's announcement that increasing interest rates remain on the table moving forward. Another green candle to close the week, albeit with a small wick, is a good sign that stocks and crypto are beginning to shrug off negative economic news and trade sideways or even push slightly higher.

cryptomasterminer's Recent Blog Posts

The Federal Reserve on Wednesday announced a .75 interest rate hike which was exactly what most analyst expected. More important than the rate hike itself was any hints as to the direction the Fed…
2 years ago
Bitcoin Weekly - Edition 31 Happy Halloween! Bitcoin (BTC) had a green candle before the orange Halloween kicked in to close above $20K and finish the week with at its highest close since mid-…
2 years ago
Bitcoin Weekly - Edition 30 Bitcoin (BTC) continued its "Groundhog Day" pattern of trading in a very narrow range as of late. Very little volatility exists as BTC stays calmly correlated to…
2 years ago
Matt Damon introduced many to the world of crypto in October of 2021... Fortune favors the brave - Matt Damon, crypto.com ad And why not? Crypto was soaring with its most well known coin,…
2 years ago