BTCUSD Forecast and Technical Analysis & Fundamentals for cryptocurrency Introduction After making contact with the MA-50 of the Bitcoin dominance chart, we start to see a decline in the price of Bitcoin on the FBS platform. Last week’s bearish price close even hints further price decline towards the $7000.00 round number. Come along as we […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The Bakkt Bitcoin BTC futures is successfully launched, which can be thought of as a Binomo crypto broker that allows for physically settled BTC futures on 23 September. This is a major event in the crypto industry that will bring huge volatility into the markets. […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Following a bearish closing month of August, with the last three weeks of the month closing bearish and setting resistance level at $10955.48, $10650.00, September opened with a price surge towards the resistance levels and closing bullish last week across crypto broker charts. Let’s go-ahead […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The department store Pricerite with fourteen locations in Hong Kong recently announced the acceptance of cryptocurrencies such as Bitcoin, Ether and Litecoin as an alternative payment medium in support of the ongoing protests. The turmoil in Hong Kong resulted in an increase in Bitcoin trade […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Two weeks ago, the Bitcoin price broke out of a weekly bearish inside bar price pattern ($10686.89), while at the same time triggering a hidden bullish divergence pattern after a five weeks retracement of a bullish trend. A recent bearish plunge in the bitcoin price […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Crypto Introduction The Bitcoin BTC cryptocurrency makes up the highest percentage of the total crypto market-cap, as a result, a view at the total market-cap sheds some light into a general adoption of the market. Making reference to the weekly chart of the total market-cap, we notice […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Bearish sentiments heat up in the cryptocurrency market, and the Bitcoin and altcoin prices enter a downward spiral on Binomo India broker following the negative criticism by the US President Donald Trump and Steve Mnuchin (Treasury Secretary). The shocking price decline was contrary to the […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction As we enter the first week of the month of July, the Bitcoin price dips lower on major India forex brokers, sending panic across intraday trading forums. However, the technical and positive news in the space reveals the presence of the Bulls. BTCUSD Technical BTC/USD: […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction As mainstream adoption of cryptocurrencies continues to increase, traditional MetaTrader 4 forex broker platforms now offer the trading of crypto assets. Among such are FoxPro, Liteforex, Binomo, and OANDA. This and an increase in institutional adoption of Bitcoin, alongside newly formed all-time highs of BTC […]
BTC/USD Forecast and Technical Analysis & Fundamentals for Cryptocurrency Introduction Major Forex broker platforms like Binomo and Olymp Trade, now offer cryptocurrency and BTC/USD trading to their new and old clients, considering the highly volatile nature of the market and also a fact that traders crave for volatility. BTC/USD Weekly Following an increase in institutional, and […]