Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge.
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets.
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.
Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge.
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.