Consulting giant McKinsey & Co recently published a report on the state of the blockchain industry, claiming that while crypto technology has potential, it has been unable to break away… Read more »
Following the negative sentiment which started yesterday, we’ve seen Bitcoin continue down to re-test the critical support at $3600. As we mentioned, the sharp decline could be anticipated, by looking… Read more »
A lot has changed since businessman and former media personality Donald Trump became president of the U.S., including regulatory rollbacks meant to clear the way for businesses to operate without… Read more »
The US Dollar is testing a critical resistance confluence against the Canadian Dollar and leaves the broader uptrend vulnerable into the start of the year. These are the updated targets… Read more »
Where have all the dip-buyers gone? After weeks like the train wreck that just passed, investors are supposed to come along and scoop up bargains, right? That’s been the norm… Read more »
As mentioned before and in our previous price analysis, the bearish momentum is far from being over. Despite the bounce from $3700 to $3900, since it’s Nov.29 high ($4400) Bitcoin… Read more »
In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. Gold prices have rallied nearly 7%… Read more »
Since yesterday’s analysis, Bitcoin has plunged to a new yearly low of $3470 (Bitstamp). This is about an 83% decrease from BTC’s all-time high. Is that all for now? Maybe……. Read more »
EUR/USD Technical Strategy: SHORT AT 1.1648 Euro breaks monthly chart support, paving the way for deeper losses Near-term support just below 1.13, break to clear a path below 1.12 Improved… Read more »
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. US Crude Oil prices… Read more »