• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Tuesday, June 17, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Is a Bitcoin Price Rally Around the Corner?

Paul Brabus by Paul Brabus
May 20, 2022
in News
Reading Time: 3 mins read
0
A golden bitcoin with keyboard and graph background. trading concept of crypto currency
14
SHARES
Share on TwitterShare on Facebook

Cryptocurrency markets hold support exceptionally well this Friday as Bitcoin hovers at the $30k level and Ethereum manages to keep the $2k support line. Last night, Bitcoin rallied from $28k to a high of $30.1k as the global and US market sentiment is starting to stabilize. Many wonder whether the LUNA and UST debacle added additional uncertainty to BTC and ETH’s prices as traders saw the potential downside of cryptocurrencies and, more specifically, algorithmic stablecoins. Let’s look at the markets and see what the future holds for Bitcoin and whether the price could show a significant rally as early as next week.

Is a Bitcoin Price Pump Coming Soon?

After the significant crash over the past month, where cryptocurrency markets overall lost over $500 billion in valuation, dropping from $1.8 billion in April to a low of $1.1 billion in May, the global cryptocurrency market capitalization has been hovering at the $1.2 billion level for the past week, signaling that the markets are starting to stabilize.

Source: CoinMarketCap

Looking at the stock markets, many users want out of the markets as inflation and economic uncertainty loom on the horizon. There has been a record outflow of over $90 billion this week, the highest it has ever been. This has been the steepest correction magnitudes higher than the covid crash and the dot com bubble.

Source: sentimentrader.com

The above chart shows the significant amount of money and fear currently on the markets, causing an unprecedented number of traders to take money out of the markets and transfer their holding into their bank accounts.

Despite the massive outflow of funds out of the stock markets, Bitcoin is doing just fine, given that it manages to hold above the $30k level with relatively low volatility this past week.

It seems that Bitcoin is finally starting to decouple from the stock market, which will provide it with breathing room to build momentum for its next rally.

According to a report from MarketWatch, an analyst who called the 2020 market bottom is predicting a massive rally for the S&P 500. The founder of DeMark Analytics, Tom DeMark, claims that his indicators show that the S&P 500 will see another sell-off before a “shocking rally” will lift the index above 4,400.

Since Bitcoin is still trading in relation to the stock markets, if the S&P 500 shows significant bullish momentum, chances are the cryptocurrency markets will also experience substantial growth.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.


Also Read:

Top 3 Metaverse Crypto Coins With a Market Cap Below $85 Million – May 2022

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse news!

Image Source: yourg/123RF

Tags: bitcoin
Previous Post

Top 3 Metaverse Crypto Coins With a Market Cap Below $85 Million – May 2022

Next Post

Top 3 Metaverse Crypto Coins Below $8 Million Market Cap to Watch in May 2022

Related Posts

Featured

Trump Earns $57M from Crypto Venture

June 14, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?
News

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Market Analysis

XRP Price Prediction: Is History About to Repeat Itself?

June 9, 2025
Featured

Zhao DEX Could Challenge HyperLiquid

June 8, 2025
Featured

Trump vs Elon Musk: Dogecoin Tumbles on Market Fear

June 7, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes
News

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025

Press Releases

What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit
Education

Crypto Trading Basics for Long Term Profit

by Alex Mercer
June 16, 2025

What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto...

Read more
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory

Binance Beats SEC—Crypto Cheers the Legal Victory

June 2, 2025
Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

May 25, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier