by OverviewFX | May 27, 2025 | Cryptocurrency
Says:”Pres Trump supports the bill”. THe Senate will shift focus to creating a Strategic Bitcoin Reserve after the stablecoin voteWhat could go wrong?The price of bitcoin reached $112,000 last week to a new all-time high. The price day is back above the...
by OverviewFX | May 26, 2025 | Cryptocurrency
TradeCompass Summary for Bitcoin Traders TodayBitcoin Futures (Ticker: MBT1!) at the time of this analysis: $110,180 Bullish above: $108,800 Bearish below: $108,500 Primary Bias: Bullish (but stretched) Partial Targets (Longs): $110,970, $111,250, $111,900 Partial...
by OverviewFX | May 23, 2025 | Cryptocurrency
Wall Street Journal (gated) report. Major U.S. banks are exploring a joint stablecoin to compete with the crypto industry. Banks see an opportunity in using stablecoins for faster transactions, like in cross-border payments, but there are still security and regulatory...
by OverviewFX | May 23, 2025 | Cryptocurrency
TradeCompass Summary for Bitcoin Futures TodayCurrent Price (MBT) at the time of this analysis: $110,970Intraday Bias: Bearish below $111,383 (today’s VWAP)Bullish Threshold: $111,800 and aboveBearish Threshold: Below today’s VWAP of $111,383Key Bearish Targets:...
by OverviewFX | May 22, 2025 | Cryptocurrency
Bitcoin dailyEverything is going right for bitcoin at the moment.The US dollar is weakening on questions about unsustainable debtThere is wide and broad political instability, with the US and China in a trade warRisk appetite is good with the Nasdaq steadily...
by OverviewFX | May 22, 2025 | Cryptocurrency
In short, I am watching $117k – $119k on the Bitcoin futures. Now I apologize for the next video not having audio due to a technical issue being looked into, but I am sure most of you with a will, will find a way, and see why.Now you will note in the chart...
