Bitcoin analyst reveals new key levels as Ethereum price nears 3-week high

Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,906 on Bitstamp, up $300 from the previous day’s low. The … Read more

CBRE: U.S. Hotels’ F&B Revenue Trails Pre-Covid Levels

CBRE Hotels Research cites staffing shortages, cost control and straggling group travel through April 2022 among the top causes for the U.S. hotel industry’s lagging food and beverage department revenue, according to a recent company report.  While U.S. hotel rates and revenue per available room in 2022 peaked over pre-pandemic levels in 2022, which CBRE forecast … Read more

Black Friday online sales reach record levels amid sparse in-store crowds (NYSE:TGT)

ArtistGNDphotography Data released following the Black Friday holiday indicates consumers’ appetite to spend was not curbed amid elevated inflation. While traffic to malls may have been thinner than expected according to Reuters, web traffic remained robust. According to Adobe Analytics, shoppers in the US spent a record $9.12B on Black Friday sales online*. The record … Read more

Litecoin (LTC) Breaks Above $75 As Price Eyes $90; Here Are Levels To Watch

LTC’s price shows strength as price bounces off from a weekly low of $50 to trend higher, giving bulls some relief.  LTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors.  LTC’s price rallies high on the daily timeframe as the price moves … Read more

Quant (QNT) Struggles Above Key Support Of $100; Here Are Levels To Watch

 QNT’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100.   QNT’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.  QNT’s price looks weak and continues to trade below the daily 50 … Read more

EU sets natural gas price cap proposal well above current levels (NYSEARCA:UNG)

straga/iStock via Getty Images The European Union provided details Tuesday on a long-debated natural gas price cap of €275/MWh (~$282) – well above current levels of ~€120/MWh – as part of an attempt to shield consumers from the effects of higher energy costs linked to Russia’s invasion of Ukraine. The cap would be available for … Read more

Litecoin (LTC) Defends $60 As Altcoins Suffer; Here Are Levels To Watch

 LTC’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60.   LTC’s price continues to look strong despite bearish market sentiments, as things look uncertain for most traders and investors.  LTC’s price looks strong and continues to hold above the daily 50 Exponential … Read more

Bitcoin price levels to watch as traders bet on sub-$14K BTC

Bitcoin (BTC) held steady at the Nov. 21 Wall Street open following a weekly close at levels not seen since late 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering above $16,000 after dipping below the level overnight. Sentiment remained on a knife edge as rumors … Read more

Market Rally Holds Key Levels, But This Has Been Difficult; Tesla Woes Continue

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally generally lost ground this past week, but the major indexes found support at key levels. However, many promising stocks pulled back shortly after crossing buy points. Investors should follow some rules for the current trading … Read more