Tags : Forex

Bitcoin

Bitcoin (BTC/USD) Will Not Crash Below $36,000, Asserts Forex Analyst

A recent price explosion in the Bitcoin market has pushed its costs to over $52,000 per token, more than double its December 2020 nadir. The cryptocurrency’s meteoric rise has also sent its momentum indicators into an overbought area, which typically amounts to a downside correction in the medium-term. Bitcoin RSI indicator is flashing warnings about […]Read More

Market

Bitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex

Bitcoin continues to trade in the opposite direction to the Dollar Index in a reflection of the cryptocurrency’s maturation as a macro asset like gold. The top cryptocurrency by market value slumped to $32,400 early on Monday, having set record highs above $41,800 on Friday. The crash came alongside a bounce in the Dollar Index […]Read More