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Applying artificial intelligence (AI) to mundane businesses was supposed to make them special. AI has been hyped as a game-changer, but investors are discovering maybe that isn’t so.
BTC bounced off support over the weekend, but it’s still facing downside pressure ahead of the next FOMC meeting.
It looks unlikely that crypto will decouple from tech stocks this week as both fall to pressure stemming from the Fed policies.
Protect yourself because as more interest rate hikes rain down, the more vulnerable we are to a washout.
The S&P 500 was recently down 11.5% YTD, while the Nasdaq has plunged 18.5% That’s why you’re seeing more and more recos on what to buy now that it’s “cheap”!
The markets consolidated this week as selling pressure fizzled and new upside momentum has yet to be found.
Now that Tax Day is behind us, both BTC and ETH have reclaimed support. But we’ll need to wait for more action before we can say the correction is truly behind us.
Bullish and bearish forces are once again at war over the market. So, for now, we’re stuck moving sideways.
And it’s not the only centralized government getting in on the craze.
Here are the key levels we’re looking at to determine the market’s next moves.