To The Moon

Dow set to bounce after its worst weekly loss since October. Bitcoin drops as China expands crypto m

Bitcoin had rallied past 40,000 USD after Elon Musk tweeted that Telsa will accept Bitcoin again after it showed that the Bitcoin mining has used more than 50% renewable energy to do mining. However, over the last few days, Bitcoin did not cross over 40,000 USD and at this present moment, Bitcoin is around 35,000 USD. Againthere , I usually saw Bitcoin experiencing weakness over the weekend so it wouldnt be a surprise that Bitcoin would rebound back to around 38,000 USD... But as always, is this a sign to buy Bitcoin when it hits back above 38,000 USD? My view is that I would not buy Bitcoin at this present level. Being the market leader in cryptocurrency, it is likely to impact on other cryptocurrencies. Tesla nevertheless, was slightly stronger at 1.2% up by close of market yesterda

The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec

Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, bitcoin was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past