Bitcoin price action raises questions about the upward trend as ETF momentum wanes. With buyer liquidity collected on November 9th at $39,149, the potential for a BTC reversal is significant. Leading indicators are present - decreasing volume, diminishing liquidity, bearish divergence, and more. Given these signals, if BTC undergoes a correction, it is likely to...
Gold Aims for a Breakout!
Gold has staged a robust recovery from the 200-day moving average (200dma) earlier this month. The 200dma also aligns with a 38% retracement level of the October range, serving as a key support. Given the shallow retracement and the fact that the gold market is trading reminiscent of 2010 (where price speculators may be eyeing a specific...
