Bitcoin has lost a critical local support zone, also coinciding with the loss of the lower pivot in the local downtrend (1H).
At 4-hour levels, the bearish channel that has formed and the rejection at the top of the bullish channel can be seen even better.
In the daily scenario we continue to hold the bearish channel with a re-entry and rebound that could...
The cryptocurrency market is battling some resistance and negative fundamentals to maintain gains.
Tesla's sale of bitcoin has caused a panic where bears have momentarily been in control and buyers are trying to dominate the price action, which seems to be recovering momentarily.
Despite the weak results release, the feeling is a bit optimistic. If stock markets...
The ECB meeting has marked a rise in interest rates of 0.5 points. This has caused the EURO-DOLAR pair to rise to 1.0227.
Although it will make the EURO stronger, there is economic uncertainty and complexity of the current European situation very difficult for it.
In addition to no measurable productivity gains in recent times, the Italian community owes more...
Following the news regarding the sale of 75% of Bitcoin by TESLA, we see a recession that is pushing the price to the support zone around $21,500-$22,000.
The price could be strengthened in this area of demand. If the bulls cannot sustain the price, the $20,500 level would be in danger, which could drag Bitcoin down to the $18,000 demand zone.
#Bonds #US10Y #YieldBond
Will the US 10-year bond break the descending channel that has held for more than 50 years?
The price of the bond is inversely proportional to its yield. This has been falling in value drastically as its profitability increases, but will it manage to overcome the resistance exerted by a descending channel for decades?
If we take into...
