Bitcoin (BTC) is “more likely” to hit $40,000 than $20,000, Bloomberg argues, as the largest cryptocurrency gains 6% in a day. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView McGlone eyes… Read more »
Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing worldwide adoption, according to a new report from cryptocurrency… Read more »
US regulators voiced concern over TSLA and Musk, as I posted earlier: Earlier, during the US afternoon, Coinbase says it’ll be listing DOGE: Any mention of Musk seems to ignite… Read more »
The return of pressure on the US dollar allows the currency pair, the British Pound against the US dollar, to rise again, stabilizing around the 1.4219 resistance level. This is… Read more »
Ethereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance…. Read more »
What does a highly volatile asset class offer traders, beyond palpitations and the occasional heart attack? Opportunity. Nicole Wirick of Prosperity Wealth Strategies in Michigan summed it up for Forbes:… Read more »
Major indices higher for the week/higher for the month The major European indices have moved higher on the day and the week. With most European it’s open on Monday, there is still… Read more »
Lows stalled at 61.8% retracement of last move higher The NZDUSD has snapped up to retest the 100 hour MA at 0.72587. The pair has found sellers on the test,… Read more »
Dollar selling takes the pair back to the downside The USDCAD and retraced all its gains from the day. The low from the first hour of trading in the Asian session… Read more »
Its month end too The US the stock market is opening with relatively modest and similar gains across the major indices. Remember, it is month end today (the stock market will be closed on Monday… Read more »