Bitcoin price on Sunday collapsed by more than 12%, losing some of its previous positions. According to Rupert Douglas, Head of Institutional Sales at Koine brokerage company, this movement was caused by elimination of long positions opened at high prices. On Sunday, positions worth $147 mln were liquidated on the BitMEX crypt exchange. The Zubr cryptographic...
Bitcoin broke the downward resistance line from December 2017 The trend remains bullish, but the short-term picture has worsened If the correction continues, BTC may reach the $10,200 level
Gold sweeps away all obstacles in its path. The aggravation of relations between China and the United States causes a pull in protective assets, and therefore there is an increase in the yen and franc rates. Shares on the Shanghai and Hong Kong stock exchanges are now under considerable pressure. On Friday, the securities of American IT giants fell under the...
There are two triggers for increasing the price of gold. The first is the high demand of investors for a "safe" asset: while the US is looking for a reason to quarrel with China again, the markets keep" in sight " the possibility of an escalation of the conflict. The second point lies in the rapid fall of the dollar. Gold always moves in reverse correlation with...