Key Supply Zones: $10,000, $11,000, $12,000 Key Demand Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Expectantly, the bulls have broken the $7,600 and $7,800 resistance level. This impressive run has been on for the past three days. The bulls have had the upper hand as price breaks the major key levels. Nonetheless, […]
Read moreS&P 500 Index Price Analysis – January 7 The risk appetite returned with a vengeance when the S & P 500 posted its most significant intraday reversal in three months as investors looked at past concerns about escalating tensions in the Middle East, focusing on reliable US economic data. Key Levels Resistance Levels: 3,350, 3,300, […]
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Valetta, Malta, 07/01/2020. Business Club, a new fintech company based in Malta announced the official launch of its products. The suite of blockchain-related products are targeted at businesses and are aimed at bringing more efficiency and helping businesses achieve more. In the past two years, the team behind Business Club has been building a unique […]
Read moreEURUSD Price Analysis – January 6 EURUSD continues to rise in both directions because the market is limited to the level of 1.1200. In short, the market is trying to break above its August 2019 highs while above its 5 and 13 daily moving averages. Key Levels Resistance Levels: 1.1450, 1.1412, 1.1280 Support Levels: 1.1178, […]
Read moreIf a survey was taken ten years ago, on the little number of people interested in Bitcoin, on what predictions they had about the price Bitcoin a decade from that time, not one would have predicted that Bitcoin would be valued at thousands of dollars. This just goes to show the potential for growth Bitcoin […]
Read moreUSDWTI Price Analysis – January 6 West Texas Intermediate crude is extending its nine-month high from the level at $ 64.69 to American session, as markets seek to profit from the scenario after adding a 2% increase to Friday and anticipating any military response from Iran. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ […]
Read moreKey Supply Zones: $10,000, $11,000, $12,000 Key Demand Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin had its last bearish impulse at the low of $6,400 on November 24. The price corrected upward but the overwhelming selling pressure brought the price to its low on December 18. The support at $6,400 is […]
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• After breaking out of a descending channel, Bitcoin forms a new bullish pattern in a short-term channel. • If Bitcoin drops, a possible correction may roll the price to $7400 before bouncing back. • Short-term bullish pattern may send BTC price to $8000 in the coming days. Following last week recovery from $6900 low, […]
Read moreGBPUSD Price Analysis – January 5 GBPUSD fell for the second day in a row on fears of a war between the United States and Iran, ending the week near Friday’s low of 1.3051 level. Meanwhile, the foreign currency pair continues to head south below its mid-lines, in line with more upcoming declines. Key Levels […]
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