All articles tagged with #macro conditions
Oracle's financial results will be released after the market closes on Monday, with attention on the performance of its cloud business, the impact of generative AI, and any effects from macroeconomic conditions. Expectations are positive.
Analyst DonAlt, who accurately predicted Bitcoin's bottom at $16,000, has updated his fellow traders that he is no longer looking to sell any BTC at his initial target of $35,000. He believes that the global recognition of Bitcoin as an alternative to the banking system is so new and powerful that he's nowhere near ready to sell. DonAlt thinks that bearish analysts who have remained focused on the macro economy will continue to look lost on the sidelines. He believes that BTC could climb to $100,000 this cycle.