by OverviewFX | Nov 13, 2024 | Cryptocurrency
Bitcoin ran up to $93,500 in the US morning before some profit taking hit. When a second run at that level couldn’t crack it, a decent round of selling hit, taking it down to $91,000.BTC 5 minsIt all looks like a rather standard move in a major breakout. The...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
$90,000 is a big milestone for bitcoin but it immediately calls to mind the barrier at the mother-of-all milestones.In general, the momentum and whatnot driving interest at something that’s rallies so much and has an obvious target is irresistible. This article...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
The price of Bitcoin moved above $70,000 again on November 5th, and $80,000 on November 10. The price broken $90,000 on November 12. Is Bitcoin 100K in the cards?The price has moved to a new all-time high of $91,945 – breaking above the high price from yesterday...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Yesterday bitcoin bottomed early in New York trading and rallied throughout the day. The catalyst was likely flows into ETFs, though I’d note that for every buyer, there is a seller.This is the third test of $90K and there is a sense of inevitability about this...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Over the pas two weeks, the big numbers have been falling like dominoes. Another one is teed up now as bitcoin trades up $1600 to $89,600.In Asia, it rose as high as $89,982 before retracing all the way to $84,500 at the start of US trading. The turn came just before...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
The price of bitcoin has reached $90,000 level for the first time. The high price just reached $90,016, but has backed off and trades and $86,090 currently. The price broke above the $80,000 level for the first time during Monday’s trade. Just two days later the...
