Over the last 1-2 weeks, cryptocurrency has entered a steep pullback, with major names like Bitcoin and Ethereum seeing price drops of 8-14%. Although some coins seem to be bouncing off these lows, it’s still unclear what the next big move in cryptocurrency will look like.
Will cryptocurrency’s upward trajectory stay intact? Will it consolidate…or will it move?
Howard Greenberg joined Scott Bauer in a recent episode of MarketMinds, to share four signs he believes cryptocurrency traders should be watching that could show what the market’s next big move could look like.
Here’s everything Howard covers:
- Why institutional flows in ETFs are a critical signal
- How morning price action and volume can show signs of big-money movement in cryptocurrency
- Insights on-chain metrics can offer into market sentiment
- The role fear and greed ratios play in helping gauge investor psychology and potential market turning points
- Why a strong US dollar is bearish for cryptocurrency
- The big impact Powell’s speech on Federal Reserve policy could have on market movement
What’s Happening at Prosper…
Imagine if you could target high-profit potential trades in any market conditions, by finding out what direction a stock is expected to move—before it even happens…
…and if you could calculate this information with up to 68% accuracy?
These are the cornerstones of Scott Bauer’s go-to options trading system. His book Predictive Profits Trading System shares all the details on how his 3-step system works, with in-depth explanations on what to look for, along with the tools and indicators Scott’s system uses.
