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

Bitcoin (BTC) had a down week falling below $23K before quickly rebounding off support levels but still down close to $750 week over week. The largest crypto still has a chance to close out February…
1 year ago
Ethereum (ETH) had a sideways week on low volatility gaining $5 week-over-week as it awaited the release of the consumer sentiment data in the US. The report, released by the University of Michigan,…
1 year ago
Bitcoin (BTC) had a strong week retesting the $25K mark and finishing up close to $2.5K as the week ended before resuming its march higher today. The largest cryptocurrency hit a six-month high…
1 year ago
Ethereum (ETH) opened the week virtually unchanged from the previous week, down just a couple of dollars. Crypto investors' eyes remain fixated on two main factors; inflation and regulation.…
1 year ago
Bitcoin (BTC) had the first weekly death cross in its 14-year history last week as it closed below $22K falling close to $1,000 week over week. The question we now face is how Bitcoin will perform…
1 year ago