BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The total cryptocurrency market cap drops from its Feb high at $306.5 B (-23.3%), leading to a negative ripple effect across the entire FBS platforms last week. Also, the city of Lagos, Nigeria, reports its first exposure to the novel coronavirus. Come along as we […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction With an increase in miners’ reward, comes an increase in institutional money into the crypto space. The recent virus (Coronavirus) outbreak in Asia China in the past weeks has forced investors to seek refuge in the crypto market. Read on as we analyze basic chart […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Bitcoin BTC price set new highs as traders earnestly anticipate the third BTC halving set to take place in May ’20. An increase in miners’ revenue as illustrated on the MIREV chart below already shows a hike in Bitcoin price. Read on for more insights […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction An increase in miners’ reward finally confirms a bottom of the Q2-Q4 2019 bullish wave correction of the BTCUSD on Binary.com broker. This week, we analyze the key resistance levels that were breached, as well as significant reversal chart patterns that have brought the crypto […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The year 2019 ended with December closing within the high-low range of the long bearish November candlestick on FBS broker and exchange terminals, a setup similar to the collection of bearish action in December 2018. Should we expect a break above significant bearish resistance ($7772.71) […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Napoleon AM, a Paris-based asset management firm, launched a professional Fund under French laws, dubbed the Napoleon Bitcoin Fund (NBF). The NBF would function by making a replica price of cash-settled Bitcoin Futures on the CME, a first of its kind that gives exposure to […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The demand for Bitcoin BTC dries up across all crypto broker platform following a plunge in mining reward starting from Jul 11 and 13 ’19. Notice how the pair transitions into a corrective A-B-C wave after completing a 5-wave (Elliot wave) pattern on Dec ‘17. […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A bizarre rumor has been spreading this week after privacy based coin Grin on November 11 received an anonymous donation of about 50 Bitcoin (BTC), with many people claiming that Satoshi was behind the generous donation. The company, who, on November 11, announced the donation […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A report published by Bloomberg from an analysis of major Indian forex brokers an increase in the trading volume of Bitcoin BTC futures by roughly 50%. The report confirms that Bitcoin BTC is becoming a growing asset class. Institutional investors that have been risk-averse in […]
BTC/USD Forecast and Technical Analysis & Fundamentals for cryptocurrency Introduction According to Bitcoin bull and crypto analyst, Peter Brandt, in a tweet on September 29, the Bitcoin price could slump towards the $5500.00 area. The Bitcoin BTC on XM broker and exchanges already head towards Mr. Brandt’s projected price range. Let’s take a closer look […]