FX-Finances

FX-Finances

The technical analysis on a daily chart is showing us that Bitcoin is in a healthy long-term uptrend because it's making new higher lows and aiming to pass the previous higher high. The pullback was made right into the "golden zone" on a Fib ret. We are seeing Bitcoin continuing the uptrend and aiming for the 68k target. 👉🏻👉🏻👉🏻👉🏻👉🏻 Follow us for more technical...

FX-Finances

The whole cryptocurrency market is in red waters now for the second day in a row. Bitcoin's massive drop from its recent high of $61,000 by $9,000 to the current $51,500 and going for the $50,000 major support is the main reason other cryptocurrencies are following the same path. Bitcoin is facing its longest losing streak since December last year as much as the...

FX-Finances

The bulls quickly took the EUR/GBP pair higher from a big support area (around 0.8550) on the four-hour chart above, taking it back to a fast bearish reversal point from last week (0.8635). If the data disappoints in general, the bearish technical signal may trigger a short-term bearish reaction on EUR/GBP. With a regular ATR of about 50 pips, a switch from...

FX-Finances

-Bitcoin had a great rally this week reaching a new historical high at over $61,000 helped by the U.S. dollar's weakening after the Federal Reserve 's FOMC statement.A corection started droping it's price to $56,000 at the moment of writing, but the daily trend is still bullish with it's next target to over $70,000 -Bitcoin keeps getting attention from big...