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After a turbulent summer, the “Crypto Winter” has begun, as volatility in the market remains rife, with prices of tokens fluctuating on a daily basis.

As market sentiment shifts, bitcoin (BTC), and ethereum, (ETH) have moved below $20,000 in recent moves.

The rise in consumer prices has prompted this shift. Global inflation is currently at its highest point in many decades.

The crisis has prompted central banks to raise interest rates in an attempt to address it. This has had an impact on investors and their willingness for risk.

It can be hard to understand the fundamentals at times, so we here at Bitcoin.com News focus also on Technical Analysis. We explore charts and analyze daily price movements.

Subscribe to our weekly newsletter to stay informed about the latest happenings in the market, as well as detailed analysis of a range tokens.

We have nearly 1500 subscribers. Based on technical trading tools, we can anticipate possible price movement based upon the market’s biggest movers.

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Eliman Dambell

Eliman is a market analyst with a diverse perspective. He has previously been a broker director and taught retail trading. He currently acts as an analyst for various asset types, such as Crypto, Stocks, FX.




Image creditShutterstock. Pixabay. Wiki Commons

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