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Showing posts with the label buying opportunity

BlackRock CEO Larry Fink Suggests Another 20% Market Drop

BlackRock CEO Larry Fink suggests that another 20% stock market drop could come amid the current economic decline. While Fink says he sees the current dip as a potential “buying opportunity,” he also “won’t rule out” further market decline in the coming weeks. JUST IN: BlackRock CEO Larry Fink says he won't rule out another 20% market drop. — Watcher.Guru (@WatcherGuru) April 7, 2025 Speaking on BloombergTV, the BlackRock CEO talked about the current state of the US economy and stock market. Over the past week, the majority of the market is in the red amid uncertainty around Donald Trump’s recent tariffs announcement. The unrest poured into both the stock and crypto markets, with most assets losing significant value. While many investors worry that the drop could get worse, Fink notes that this may be true, but it could also be a buying opportunity. “I see it more as a buying opportunity than a selling opportunity, but that doesn’t mean we can’t go do...

Analyst sets Bitcoin’s next buying opportunity before $73,000

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Bitcoin (BTC) is again trading around the $60,000 psychological level, encouraging both bullish and bearish analyses in the market. While the leading cryptocurrency decides its direction, traders and investors look for the next buying before a bull rally starts. In particular, Bitcoin’s trading expert CrypNuevo posted his “Sunday Update” on August 18, highlighting potential movements for BTC price. First, the analyst expects Bitcoin to briefly break out from a descending broadening wedge chart pattern spotted by different traders. Finbold has already reported two analyses that mention this pattern, one eyeing the $100,000 mark and the other warning of downside potential. Picks for you Bitcoin or gold? We asked ChatGPT which asset has better inflation hedge potential 47 mins ago ...