Text size A ‘help wanted’ sign is displayed in a Manhattan store in New York City. Spencer Platt/Getty Images Nothing lasts forever, not even a stock market decline. But just because a mar...
Tag: Pain
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also dropped below what ...
EUR/GBP price prediction: is the bears’ pain over?
Ever since Brexit happened, the British pound gained against the common currency, the euro. Despite many analysts calling for the pound’s decline, it gained ground in a relentless bearish trend. The d...
Record Inflation Rates Spread Worldwide, Could Crypto Ease Some of the Pain? (Op-ed)
The condition of the global economy seems to be in a state of knockdown. The years of financial boom after the crisis in 2008 ended with the outbreak of the COVID-19 pandemic at the beginning of 2020....
Bitcoin Price To Take Some More Pain For A Much Gigantic Gain — Bloomberg Analysts ⋆ ZyCrypto
Advertisement     Bitcoin’s canary in a coal mine may be worrying for most investors but, most definitely not for Bloomberg’s Mike McGlone. In a May report published m...
Bitcoin Retests $30K But Is There More Pain to Come?
Bitcoin’s price has been consolidating for the last few days, and the decrease from $48K has slowed down by forming support at the $30K level. Technical Analysis By Edris The Daily Chart Considering t...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Selloff puts Dow, S&P 500 on cusp of bear market. History says more pain may lie ahead.
History shows that when the S&P 500 enters a bear market, it tends to stay awhile. Back-to-back drops left the large-cap benchmark SPX, -0.58% down 18.7% from its Jan. 3 record finish on Thursday,...
How can I stop the pain and make money in this nightmarish market? BofA says this is the ‘best hope’ for bulls in 2022
The market is in full panic mode. The S&P 500 is down 18% year to date. The Nasdaq is down a staggering 27%. And even the Dow Jones — made up of the 30 most prominent publicly-traded companies — i...
Bitcoin (BTC) Tanks Under $29,000 After A Classic Bull Trap, Still More Pain Left?
After crashing severely in early May and throughout April 2022, Bitcoin (BTC) did show some hope to investors last week by consolidating around $30,000 levels. However, on Wednesday, May 18, the Bitco...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
‘Some pain’ may be required to slow inflation
Federal Reserve Chairman Jerome Powell said Tuesday that the central bank will continue to raise short-term interest rates — which will likely slow economic activity — until there is “clear and convin...
BTC Fails to Conquer $30K, More Pain to Come?
Over the last ten days, the $30K demand zone, which was expected to be a strong support level for reversing any downtrend price movement, was broken to the downside. Now, it acts as a magnetic resista...
Is The Dip Over Or There Is More Pain Ahead?
Ethereum price trades in a very tight range with no clear directional bias on Saturday, although bias remains negative. The ETH buyers struggle to sustain the gains at higher levels. However, the down...
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic se...
Crypto Market Rebounds With More Pain Ahead
Key Takeaways Roughly $23 billion worth of value has been wiped out of the cryptocurrency industry in the past 24 hours. The top two crypto assets, Bitcoin and Ethereum, both erased double-digits as ...
Apple and Amazon Have Fallen for 6 Straight Weeks. There Could Be More Pain Ahead.
Text size People visit the Apple Store in Grand Central Station in New York. Michael M. Santiago/Getty Images Apple and Amazon.com kicked off the second week of May looking as if the stocks would exte...
ADA Prints New Record Lows Near $0.65; More Pain In Offer?
ADA price follows the broader crypto market meltdown with a loss of more than 10% on Monday. The price makes new record lows at $0.65. Since the beginning of the year, the token depreciated nearly 60%...
If history repeats itself, the bear market has 6 months of pain ahead, Bank of America’s chief strategist says
U.S. stocks have had a rough start to the year after a standout 2021—and if history is any guide for what’s to come, things could get even worse from here. The S&P 500, which returned nearly 27% t...
Collective Pain Calls For Collective Action
Collective Behavior has gotten a bad rap. When sociologist Franklin Henry Giddings coined the term more than 100 years ago, he described it as the actions that a loosely organized group of people migh...
There is ‘more pain’ for Bitcoin ahead, says billionaire ex-hedge fund manager
Mike Novogratz, a well-known American investor and the current CEO of Galaxy Investment Partners, has predicted that cryptocurrencies will continue to be associated with the Nasdaq in the meantime. In...
Fed’s Kashkari confident inflation can weaken, but not without pain
Neel Kashkari Anjali Sundaram | CNBC Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back to normal though it’s taking longer than he exp...
Indian Crypto Users Face More Pain As GST Council Plans 28% Tax
India’s Goods and Service Tax Council is considering levying a 28% GST on Bitcoin and other cryptocurrencies in its next session. According to sources, cryptocurrencies are still outside the ambit of ...
Binance Faces Pain In Spain, Despite French Regulatory Victory
Binance’s expansion into Europe appears to have met fresh hurdles, as it faces renewed pressure from Spanish market regulators. A report from local media sources showed that Spain’s market regulator, ...
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’
Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks ...
Bank of America’s Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000
(Bloomberg) — A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strat...
$27K ‘max pain’ Bitcoin price is ultimate buy-the-dip opportunity, says research
Bitcoin (BTC) is facing calls for a significant price dip this week, and while some favor $30,000, there may be a safer bottom to long BTC. In a tweet on April 28, on-chain analysis platform Whalemap ...
The bond market has crashed. Why one strategist says embrace the pain and get back in.
Investors are more or less trained to think about assets in stock-market terms. That is, a correction is a 10% drop from its peak, and a bear market is 20% drop, etc. But not all assets are equal. In ...
Charts suggest near-term market pain may be over
CNBC’s Jim Cramer said Tuesday that the market will likely move sideways instead of experiencing a monster rally when it recovers, leaning on analysis from DeCarley Trading market strategist Car...
Central banks to put rates in pain zone to fight inflation
LONDON — Overcoming doggedly high inflation requires interest rates to be pushed into the “pain zone.” But whether any central bank has the nerve to do it is the question, according to inv...
Bond Rout Promises More Pain for Investors
The worst bond rout in decades shows few signs of abating, threatening further pain for both investors and borrowers. Battered by high inflation readings and sharp messages from Federal Reserve offici...