Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote 
Meta AI Push Could Add $26 Billion in Revenue by 2027, Wolfe Research Says 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
HP Q2 2026 Earnings Beat Expectations Despite Memory Chip Pressure 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
Snowflake Stock Soars 30% After Q1 Earnings Beat and Major AWS AI Partnership 
EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules 
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
While Bitcoin has been experiencing a steady growth in the past three weeks, its valuation is still a far cry from its December 2017 price, when it was trading at around $19,000. And with the bullish run seemingly running out of steam, a price correction is expected to occur.
How deep this price correction is going to be is the next question. Right now, crypto-tracking site Coindesk predicts a value decline below $8,000 as per the data suggestion of the Relative Strength Index (RSI). RSI levels have been on the overbought levels following the sudden price spike of Bitcoin last week, which indicates that the bears are now poised to show their prowess again.
However, if a trend reversal does take place, support levels at $7,830 and $7,530 are expected to counter the price fall. Crypto investors who missed the initial Bitcoin buying when prices were low are now monitoring the market for the right time to enter the market.
There’s also the fact that the U.S. Securities and Exchange Commission (SEC) has announced it’s going delay its decision regarding whether or not it’ll approve a Bitcoin exchange-traded fund (ETF). Bull investors previously said that should the SEC approve a Bitcoin ETF, it’s highly likely that the value of the cryptocurrency will see another sudden surge.
This is because as opposed to investing in cryptocurrency exchange platforms, issuers of the Bitcoin ETF are mandated to insure and protect the funds of their clients. What this means is that the risk of an investor losing their money because of incidents like hacking will be eliminated, making it more enticing for traditional investors to enter the Bitcoin market.
But now that the SEC has decided to stall their decision, crypto investors have no choice but to wait for when the announcement comes. Some are optimistic that it will be this year, while others are predicting it’s going to come out next year. Bitcoin is currently trading at $8,225, which is lower than its value yesterday, $8,400.
